Business, Technology

Intel to buy Programmable Chip Maker ‘Altera’

image source: wikipedia

image source: wikipedia

Intel is reportedly in talks to buy Programmable chip maker ‘Altera’, to extend its dominance on ‘Chip’ manufacturing segment.

Intel has been recently noted for looking into ways to combine microprocessors, custom chips, and flexible arrays that can take updates at the last minute. Altera specializes in the such chips, which the industry calls field programmable gate arrays (FPGAs).

Altera Corporation is an American manufacturer of Programmable Logic Devices (PLDs), reconfigurable complex digital circuits.As of now, Altera is valued at $10.4 billion at the stock market as reported by VentureBeat.

Although both the companies have not commented on the subject, but this would be another major part of Intel’s shopping spree which has seen acquisition of BASIS Science Inc and McAfee in the past.

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