Intel to buy Altera for $16.7 billion in its biggest deal ever

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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gr8day44

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Intel to buy Altera for $16.7 billion in its biggest deal ever

posted on Jun 01, 2015 03:31PM

Just got this a few minutes ago. Its a lot of money.

"The deal valued Altera at about 9 times forward revenue, according to Thomson Reuters data".

http://www.reuters.com/article/2015/06/01/us-altera-m-a-intel-idUSKBN0OH2E020150601?type=companyNews

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