Intel INTCAcquisition
Intel agrees to sell a 51% stake in its Altera business to Silver Lake
Filed Apr 14, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- Intel signed a deal on April 14, 2025 to sell 51% of its Altera business to Silver Lake.
- The transaction values Altera at $8.75 billion, and Intel keeps the remaining 49%.
- Raghib Hussain succeeds Sandra Rivera as Altera's chief executive officer effective May 5, 2025.
- The deal is expected to close in the second half of 2025, subject to customary closing conditions.
Items reported
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.