Pursuing opportunities in the Internet of Things market, Intel has sealed a deal to buy Altera in an all-cash transaction valued at about $16.7 billion, which would be Intel's largest acquisition ever.
Intel, Altera said near a deal... Senate lets NSA dragnet expire... Asus promises 4-day smartwatch life...and more tech news.
Intel and Altera are apparently once again on speaking terms and said to be nearing a deal in which Intel would buy the smaller chip maker for US$15 billion.
Asia's crowds don't come out for Apple Watch... China has a 'Great Cannon'... Intel drops Altera bid... and more tech news.
Pebble Time breaks Kickstarter record...Tim Cook speaks out on discrimination...Intel is said to be considering Altera buy... and more tech news.
Intel's chips dominate servers in data centers, but the possible acquisition of Altera could help the company provide a wider variety of custom chips designed to speed up specific applications, analysts said on Friday.
Applied Micro Circuits is aiming to make its 64-bit chip for ARM servers more powerful and flexible through a collaboration with specialized chip maker Altera.
Intellectual Ventures, a patent portfolio developer and broker started by former Microsoft CTO Nathan Myhrvold, has filed patent lawsuits against nine tech companies, including Symantec, McAfee and Hynix Semiconductor.
Xilinx, which makes a range of chips often used in communications gear, plans to release its first 28-nanometer chips by the fourth quarter of this year to lower costs and attract new customers as the world pulls out of recession.
Texas Instruments pulled down its profit forecast for the December quarter by as much as two-thirds on Monday, and it also cut its revenue expectations, saying the economic downturn is having a powerful impact on the market for its chips.
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