Silver Lake nears deal for majority stake in Intel's Altera unit, Bloomberg News reports
1. Silver Lake in talks to buy majority stake in Intel's Altera business. 2. Potential deal could strengthen Intel’s position in programmable chip market.
FAQ
Why Bullish?
The acquisition may increase Intel's focus on profitable segments, similar to past restructurings that favored core business.
How important is it?
Strategic acquisitions typically enhance company value, making this news significant for Intel's future.
Why Short Term?
Market reaction likely immediate as news spreads, similar to past acquisition announcements affecting stock rapidly.