Altera: 51% Stake Acquired By Silver Lake From Intel

By Amit Chowdhry • Today at 4:53 PM

Altera has announced the completion of a significant investment deal with Silver Lake, a global technology-focused investment firm. Silver Lake has acquired a 51% stake in Altera from Intel Corporation, which will retain the remaining 49%. This deal marks a significant milestone for Altera, officially establishing it as the world’s largest independent company focused solely on field-programmable gate array (FPGA) solutions.

With this new structure, Altera gains the flexibility and resources to accelerate innovation and better serve its customers and partners. The company offers a comprehensive range of FPGA products, including software tools, development kits, intellectual property, and design services, which help users build complete solutions.

The company’s Agilex product line is designed to make artificial intelligence more accessible by reducing costs and improving performance, reliability, and security. Altera also ensures a stable supply chain by working with top-tier foundry partners, allowing customers to build confidently across global markets.

Now operating independently, Altera is positioned to move quickly and invest more aggressively in research and development. Silver Lake’s involvement brings deep experience in helping semiconductor companies grow and evolve. This support will help Altera expand into key industries, including industrial automation, audio and video technology, robotics, aerospace, defense, data centers, telecommunications, and edge AI.

KEY QUOTES:

“We are thrilled to partner with Silver Lake as this transformative investment positions us to accelerate innovation and reinforce our leadership in the FPGA market at a time when AI applications are fueling demand for programmable logic. We are laser-focused on optimizing our portfolio and unleashing the great innovation and talent of this organization to support the evolving needs of customers looking to capitalize on the significant opportunities presented by AI.” 

Altera CEO Raghib Hussain

“Altera is uniquely positioned at the forefront of the FPGA industry and AI revolution. Our investment reflects our confidence in Altera’s technology leadership, its commitment to deliver for customers, and its significant growth potential. We are proud to support Raghib and the talented Altera team as they embark on this exciting next chapter.”

Kenneth Hao, Silver Lake Chairman and Managing Partner