Story perspectives
MGX Co-Invests in $8.75B Altera Acquisition from Intel
9/17/2025
38 8
1 of 1
Story summary
- MGX co-invests in Silver Lake's acquisition of a 51% stake in Altera from Intel, positioning Altera as the largest independent FPGA solutions provider.
- The deal values Altera at $8.75 billion, while MGX's investment amount is undisclosed.
- Intel retains a 49% stake, indicating confidence in Altera's growth.
- Omar Alismail, MGX's Chief Investment Officer, highlights Altera's significance in next-generation computing and AI.
- The transaction was finalized on September 12, 2025.
