Deals
Silver Lake Nears Deal for Stake in Intel’s Altera Unit
Altera Corp. headquarters in San Jose, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Silver Lake Management is in exclusive talks to acquire a majority stake in Intel Corp.’s programmable chips unit, people with knowledge of the matter said.
The private equity firm is thrashing out details of an investment in Altera, whose multi-use chips are primarily deployed in telecommunications networks, according to the people.