Intel and Altera resume acquisition talks
INTEL and Altera have resumed discussions about a potential buyout of the latter, after earlier acquisition talks broke down in April.
As originally reported by Electronics News, Altera specialises in FPGA chips. Intel is looking to diversify its solutions as PC sales continue to weaken.
By integrating Altera’s FPGA capabilities, Intel would be able to deliver a leap in performance, and also stop rivals like ARM from integrating their processors with Altera’s FPGAs.
The negotiations are mostly around the pricing of Altera’s stock.
In the meantime, Intel earlier this week announced a partnership with startup eASIC, which also provides FPGAs, while Avago Technologies is in early stages of discussions to buy Altera’s main competitor in the FPGA space, Xilinx.