MENU

Analysts cool on Intel/Altera combo

Analysts cool on Intel/Altera combo

Business news |
By eeNews Europe



On Friday, the Wall Street Journal and Reuters reported Intel was in talks to acquire Altera. The FPGA maker’s stock shot up from $34.74 to $44.41 within thirty minutes, pushing the price of what would be Intel’s largest acquisition ever from $10 billion to $13 billion. Altera’s stock price cooled slightly Monday to about $42.

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News

Share:

Linked Articles
10s