Deals
Lattice Semiconductor Considers Offer for Intel’s Altera Unit
- Francisco Partners, Bain Capital, Silver Lake also study bids
- Altera’s multi-use chips primarily found in telecom networks
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Lattice Semiconductor Corp. is considering making an offer for all of Intel Corp.’s Altera, people familiar with the matter said, in a twist that could complicate the chip giant’s plans to sell a minority stake in the unit.
Hillsboro, Oregon-based Lattice is working with advisers and is seeking a private equity backer as it explores a potential bid, according to the people, who asked not to be identified discussing confidential information.