Intel Completes Acquisition Altera off

Dec

30

2015

Intel has completed the acquisition of Altera. Altera will continue as Programmable Solutions Group, a division within the chip business. Intel paid converted currently more than fifteen billion for Altera.

Following the approval of various authorities, including the EU and most recently the Chinese government, the deal may now continue permanently, says Intel. Intel announced in early June to also be willing to take over American Altera. Intel promises products from Altera, including FPGAs and ARM socs, to continue to support.

With the amount of $ 16.7 billion is the largest acquisition in the history of Intel. The chip company hopes the acquisition to gain firm foothold in the emerging internet-of-things-market. In addition to internet-of-things Intel thinks of data centers as an area where FPGAs from Altera can complement Intel’s own supply of chips. The group mentions specifically tailored integrated products with Xeon chips and FPGAs.

Intel hopes to further diversify the acquisition in terms of chip production. It would also Intel’s experience with the maintenance of the law of Moore, and thus roughly the size reduction and efficiency improvement chips, can have a positive influence on the products of Altera.

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