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INTC Intel Corporation

30.80
0.43 (1.42%)
Pre Market
Last Updated: 11:00:24
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.43 1.42% 30.80 30.76 30.80 88,621 11:00:24

Intel in Talks to Buy Altera

27/03/2015 8:10pm

Dow Jones News


Intel (NASDAQ:INTC)
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By Dana Mattioli and Dana Cimilluca 

Intel Corp. is talks to buy Altera Corp. in a deal that would be the chip-making giant's largest takeover ever.

Terms of the potential deal and its timing couldn't be learned, and it's possible there ultimately won't be one.

With a market capitalization of $10.4 billion Friday afternoon, Altera would be a big bite for Intel, which has traditionally stuck to smaller acquisitions whenever it's done deals.

Write to Dana Mattioli at dana.mattioli@wsj.com and Dana Cimilluca at dana.cimilluca@wsj.com

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