Intel said on September 12, 2025 the Purchaser, an affiliate of Silver Lake, acquired 51% of Altera's equity interests for an equity value of approximately $3.3 billion, with Intel retaining the remaining 49% interest.

1. 01

   Intel said on September 12, 2025 the Purchaser, an affiliate of Silver Lake, acquired 51% of Altera's equity interests for an equity value of approximately $3.3 billion, with Intel retaining the remaining 49% interest.

2. 02

   Intel said that at the closing of the transaction, Intel and the Purchaser each contributed their Altera equity interests to a newly formed limited partnership and entered into an amended and restated limited partnership agreement setting forth each party's rights and responsibilities.

3. 03

   Intel said Altera's results will be reflected in its consolidated financial statements for Q3 2025 from June 29 through September 11, and that it will account for its minority investment in Altera under the equity method of accounting as of the closing date on September 12.

4. 04

   Intel said Altera's results as a segment in the first half of 2025 included revenue of $816 million, gross margin of 55% and operating expenses of $356 million, and the company revised its full-year non-GAAP operating expense target to $17 billion from $16.8 billion to reflect the deconsolidation of Altera.

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