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MGX Co-Invests in $8.75B Altera Acquisition from Intel

9/17/2025

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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.