Silver Lake Capital completes acquisition of 51% equity in Altera
Altera, the global leader in FPGA innovation technology, announced that global technology investment giant Silver Lake Capital has completed the acquisition of a 51% stake in Altera, which was previously held by Intel Corporation. At the same time, Intel will retain 49% of Altera's equity, which also demonstrates the confidence of both parties in Altera's future development.
The completion of this transaction signifies that Altera has become the world's largest and independent FPGA focused solution provider. By providing the software tools, development kits, IP, and design service resources needed to build a complete FPGA solution, Altera will help customers and partners accelerate innovation.
Altera is committed to providing customers and developers with a full stack FPGA product portfolio that features industry-leading architecture, efficient performance, and easy-to-use and scalable software. With Agilex ™ Series products, Altera's advanced FPGA solutions make AI easier to popularize by reducing entry costs while improving performance, reliability, and security. In addition, Altera has a flexible and highly resilient supply chain by collaborating with leading process nodes and OEM partners, allowing global customers to develop products with peace of mind.
Supported by Silver Lake Capital, further enhancing leadership
Thanks to operational independence and strategic support from Silver Lake, Altera will significantly enhance its flexibility and resource reserves, accelerate technological innovation, and continue to deliver leading FPGA solutions, while comprehensively enhancing its services and support to global customers and partners.
With profound experience in collaborating with management teams to drive the development and transformation of industry-leading semiconductor companies, Silver Lake Capital will assist Altera in accelerating its layout in key areas such as industrial automation, audio and video, robotics, data centers, telecommunications, and edge AI.
I am delighted to collaborate with Silver Lake Capital. This far-reaching strategic investment will not only accelerate our pace of innovation, but also further enhance our leadership in the FPGA market during a critical period when AI applications continue to drive demand growth for programmable logic. In the future, we will focus on optimizing our product portfolio, fully unleashing the innovation potential and talent advantages of our organization, continuously meeting the evolving needs of our customers, and seizing the significant opportunities brought by AI.
——Raghib HussainAltera CEO
At the forefront of FPGA industry and AI evolution, Altera has always held an irreplaceable strategic position. Our investment not only demonstrates our firm confidence in its technological leadership, customer commitment, and long-term growth potential, but also represents our strong support for its future development. We are honored to be able to move forward side by side with Raghib and its outstanding team, opening this new chapter full of opportunities and challenges.
——Kenneth Hao, Chairman and Managing Partner of Silver Lake Capital
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