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Intel Completes Acquisition of Altera 2015.12.28

Santa Clara, Calif., USA - December 28, 2015 - Intel Corporation today announced that it has completed the acquisition of Altera Corporation, a leading provider of field-programmable gate array (FPGA) technology. The acquisition complements Intel's leading-edge product portfolio and enables new classes of products in the high-growth data center and Internet of Things (IoT) market segments. Altera will operate as a new Intel business unit called the Programmable Solutions Group (PSG), led by Altera veteran Dan McNamara. Intel is committed to a smooth transition for Altera customers and will continue the support and future product development of Altera's many products, including FPGA, ARM-based SoC and power products. In addition to strengthening the existing FPGA business, PSG will work closely with Intel's Data Center Group and IoT Group to deliver the next generation of highly customized, integrated products and solutions.

Photo courtesy of Intel
 

Santa Clara, Calif., USA - December 28, 2015

Intel Corporation ("Intel") today announced that it has completed the acquisition of Altera Corporation ("Altera"), a leading provider of field-programmable gate array (FPGA) technology.

Photo courtesy of Intel
 
The acquisition complements Intel's leading-edge product portfolio and enables new classes of products in the high-growth data center and Internet of Things (IoT) market segments.

Brian M. Krzanich, Chief Executive Officer at Intel Corporation.
Photo courtesy of Intel
 
"Altera is now part of Intel, and together we will make the next generation of semiconductors not only better but able to do more,"
said Brian Krzanich, Intel CEO.
"We will apply Moore's Law to grow today's FPGA business, and we'll invent new products that make amazing experiences of the future possible  –  experiences like autonomous driving and machine learning."

Photo courtesy of Intel
 
Altera will operate as a new Intel business unit called the Programmable Solutions Group (PSG), led by Altera veteran Dan McNamara.

Intel is committed to a smooth transition for Altera customers and will continue the support and future product development of Altera's many products, including FPGA, ARM®-based SoC and power products.

Photo courtesy of Intel/Altera
 
In addition to strengthening the existing FPGA business, PSG will work closely with Intel's Data Center Group and IoT Group to deliver the next generation of highly customized, integrated products and solutions.


Daniel R. (Dan) McNamara is corporate vice president and general manager of the Programmable Solutions Group (PSG) at Intel Corporation.
Photo courtesy of Intel
 
"As part of Intel, we will create market-leading programmable logic devices that deliver a wider range of capabilities than customers experience today,"
said McNamara, corporate vice president and general manager of the Programmable Solutions Group at Intel. "Combining Altera's industry-leading FPGA technology and customer support with Intel's world-class semiconductor manufacturing capabilities will enable customers to create the next generation of electronic systems with unmatched performance and power efficiency."

Photo courtesy of Intel
 
Intel expects the acquisition to be accretive to non-GAAP EPS and free cash flow in the first full year after close, consistent with prior guidance.

Photo courtesy of Intel
 
Intel expects the acquisition to be dilutive to GAAP EPS in the first full year after close primarily due to acquisition-related costs.


Enhanced Flexibility and Scalability with Separate Transceiver Tiles.
The technology that makes broad deployment possible is Intel’s patented, state-ofthe-art Embedded Multi-die Interconnect Bridge (EMIB).
Intel designed EMIB for solutions that require advanced packaging and test capabilities.
Photo courtesy of Intel
 
For additional information about the transaction, visit:
http://intelacquiresaltera.transactionannouncement.com/  


About Intel

Intel (NASDAQ: INTC) is a world leader in computing innovation.
The company designs and builds the essential technologies that serve as the foundation for the world's computing devices.

 
 
As a leader in corporate responsibility and sustainability, Intel also manufactures the world's first commercially available "conflict-free" microprocessors.

Additional information about Intel is available at newsroom.intel.com

http://newsroom.intel.com/community/intel_newsroom  

and blogs.intel.com

http://blogs.intel.com  

and about Intel's conflict-free efforts at conflictfree.intel.com.

http://www.intel.com/content/www/us/en/corporate-responsibility/conflict-free-minerals.html  


Contacts:

Cara Walker
Intel Media Relations
503-696-0831
cara.walker@intel.com  

Trey Campbell
Intel Investor Relations
503-696-0431
trey.s.campbell@intel.com  


Source: Intel Newsroom

http://newsroom.intel.com/community/intel_newsroom  



ASTROMAN Magazine – 2015.12.12

Intel, Vodafone, Orange, Deutsche Telekom, Ericsson, Nokia and more speaking at The Internet of Things Tech Expo Europe, 10-11th February 2016

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=2002  


ASTROMAN Magazine – 2015.10.25

Intel Technology Poland czyli Polacy tworzą nowoczesne technologie teleinformatyczne dla świata w Gdańsku

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1985  


ASTROMAN Magazine - 2015.09.30

deepsense.io to feature Seahorse Community Edition on the Trusted Analytics Platform developed by Intel

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1971  


ASTROMAN Magazine - 2015.09.05

IFA 2015: Introducing 6th Generation Intel Core, Intel's Best Processor Ever

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1955  


ASTROMAN Magazine - 2015.04.18

50 Years of Moore's Law. Fueling Innovation We Love and Depend On


http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1906  


ASTROMAN Magazine - 2015.02.15

Intel Promotes 5 Corporate Officers, Elects 4 New Corporate Vice Presidents

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1874  


ASTROMAN Magazine - 2015.01.11

CEA Announces Winners of 2015 Mark of Excellence Awards

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1860  


ASTROMAN Magazine - 2015.01.10

2015 International CES: FCC Chairman and Leaders from CBS, Cisco, Comcast, Condé Nast, Fox, Google...

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1859  


ASTROMAN Magazine - 2015.01.08

Major Keynote Announcements from Ford and Intel, Dynamic SuperSessions and the Next Generation of Technology Innovation Opens the 2015 International CES

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1858  


ASTROMAN Magazine - 2014.09.07

Intel Launches the Intel Core M Processor at IFA Berlin 2014

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1786  


ASTROMAN Magazine - 2014.08.16

Avago Agrees to Sell LSI's Axxia Networking Business and Related Assets to Intel for $650 Million


http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1776  


ASTROMAN Magazine - 2014.06.14

San Jose in California Implements Intel Technology for a Smarter City

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1732  


ASTROMAN Magazine - 2014.03.28

Intel Corporation and Cloudera announced a broad strategic technology and business collaboration

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1685  


ASTROMAN Magazine - 2014.02.24

Tomasz Klekowski, Intel: Uczmy się współpracy, komunikacji, zarządzania grupą

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1661  


ASTROMAN Magazine - 2014.01.11

WOW! CES! The magic of global innovation comes to life at the 2014 International CES

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1634  


ASTROMAN Magazine - 2014.01.08

2014 International CES Kicks off with Record Amount of Innovation

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1631  


ASTROMAN Magazine - 2013.12.14

Intel and FC Barcelona Announce Partnership Agreement

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1604  



Editor-in-Chief of ASTROMAN magazine: Roman Wojtala, Ph.D.


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