Intel sells majority participation in Altera to Silver Lake and announces new CEO

Intel announced today Sale of 51% of its division changes to Silver Lakeone of the largest global investors in technology. The transaction Evaluates the change at US $ 8.75 billion and marks the beginning of its acting as an independent company, with exclusive focus on FPGAS MARKET (Integrated Programmable Logic Circuits).

Intel will continue with 49% business participation, maintaining strategic bond with Nova Altera, which now positions itself as the largest independent fpga -based solutions in the world.

Raghib Hussain will be the new CEO of Altera

Along with the stock restructuring, Amera will undergo a renewal in the leadership. Raghib Hussainveteran of the semiconductor sector, will assume the company’s executive presidency from May 5, 2025. He will replace Sandra Rivera, who ends a 25 -year trajectory at Intel.

Hussain has a consolidated history of success: he was president of Marvell Products and Technologies and co -founder of Cavium, where he also held the position of COO. His technical experience began in companies such as Cisco, Cadence and VPNet, the latter also founded by him.

Total focus on the growth of altering in strategic sectors

With operational independence and financial support from Silver Lake, Amendra will seek to expand its presence in segments as border computing, Artificial and robotic intelligence – areas considered crucial for the future of programmable computing.

This is a unique time to invest in a company with scale and leadership in advanced semiconductors. We will work together with Raghib to strengthen the technological protagonism of altera

Kenneth Haopresident of Silver Lake

Silver Lake believes that the new phase of Altera will allow significant advances in the application of FPGAs in sectors such as industrial, aerospace, telecommunications and data centers, as well as expanding their range in emerging markets.

Financial results and market expectations

In 2024, Altera registered $ 1.54 billion revenue. The adjusted numbers (non-gaap) show a US $ 35 million operating profitdespite a loss of US $ 615 million according to the GAAP accounting standards.

The Non-Gaap gross margin was US $ 769 million, highlighting operational efficiency outside the extraordinary acquisition and restructuring costs. The expectation is that the completion of the transaction will take place in the second half of 2025, subject to regulatory approval.

Upon completion, the financial results of the altera will no longer be consolidated in the Intel balance sheets.

Executive statements involve confidence and optimism

Lip-BU Tan, CEO of Intel, stressed that the transaction demonstrates the company’s commitment to strategic focus and financial strengthening:

Sandra’s leadership has left an important legacy, and we are confident that Raghib is the ideal leader for the new phase of Altera. With the expertise of Silver Lake, we will further accelerate value creation

Lip-this tan, CEO da intel

Already Hussain, Altera’s CEO, has shown enthusiasm with the new directions: “With the support of Silver Lake and total FPGA focus, we are prepared to deliver revolutionary solutions that will shape the future of AI -driven computing.”

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Perspectives for the future of altera

The separation of Intel’s total control change signals a new cycle of innovation in one of the most promising areas of modern technology. As an independent company and with the support of Silver Lake, Altera should gain agility to invest in research, launch products faster and serve niches in full expansion, such as intelligent industrial automation, digital defense and high performance embedded systems.

The movement also reinforces the tendency of reconfiguration of the semiconductor sector, where strategic partnerships and operational independence become keys to technological leadership in an increasingly oriented world by artificial intelligence.

Source: Intel