When did Intel buy Altera? This question often arises among tech enthusiasts and industry professionals alike. The acquisition of Altera by Intel, a significant milestone in the semiconductor industry, took place on October 28, 2015. The deal marked a strategic move for Intel to expand its portfolio of programmable logic devices (PLDs) and solidify its position as a leader in the semiconductor market.
The acquisition of Altera was a testament to Intel’s commitment to innovation and its desire to broaden its product offerings. Altera, known for its high-performance PLDs, brought a range of advanced technologies to the table, including field-programmable gate arrays (FPGAs) and application-specific integrated circuits (ASICs). By integrating Altera’s technology with its own, Intel aimed to create more efficient and powerful solutions for various industries, such as data centers, automotive, and communications.
The merger was valued at approximately $16.7 billion, making it one of the largest semiconductor acquisitions in history. At the time, the deal was considered a bold move by Intel, as it ventured into a new market segment that was not traditionally associated with the company. However, the acquisition paid off, as Intel successfully integrated Altera’s technology into its product line and expanded its market reach.
Since the acquisition, Intel has leveraged Altera’s FPGA technology to develop new products and solutions, such as the Intel Stratix 10 FPGAs, which are designed for high-performance computing and networking applications. The combined expertise of both companies has also led to the development of new solutions for the Internet of Things (IoT), artificial intelligence (AI), and 5G communication.
In conclusion, the acquisition of Altera by Intel on October 28, 2015, was a pivotal moment in the semiconductor industry. The deal not only expanded Intel’s product offerings but also reinforced its position as a leader in the global semiconductor market. As the industry continues to evolve, it will be interesting to see how Intel’s strategic investments in technology and talent will shape the future of the company and its competitors.
