Altera Plans IPO That Could Raise Over $2B as Soon as This Year
Deals·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Altera, a chipmaker backed by Silver Lake and Intel Corp., is preparing to file confidentially for an initial public offering. The offering could raise over $2 billion, with a listing potentially occurring as soon as this year.
Sources indicate that the IPO filing is expected to happen in the coming weeks, according to a report by Reuters.
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Sources
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SourceReports the news
“Altera, a chipmaker backed by Silver Lake and Intel Corp., is preparing to file confidentially for an initial public offering that could occur as soon as this year, Reuters reported, citing people familiar with the matter.”
Bloomberg — Intel-Backed Altera Seeking IPO as Soon as 2026, Reuters Says“Reuters: Sources: Altera is preparing to confidentially file for an IPO in the coming weeks; the offering could raise over $2B, with a listing as early as this year — Silver Lake and Intel”
techmeme — Sources: Altera is preparing to confidentially file for an IPO in the coming weeks; the offering could raise over $2B, with a listing as early as this year (Reuters)