intel agreement with altera.

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Reply New Message

Prev Message Back To Forum Threaded View Next Message

sonum

Rank: Treasurer [?]

Points: 1028 [?]

Votes: 111 Score: 1.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

intel agreement with altera.

posted on May 01, 2015 07:33AM

ntel signed a standstill agreement earlier this year with Altera that expires on June 1, Reuters reports, after which Intel (NASDAQ:INTC) could launch a hostile bid. Sources state it's "unclear" whether Intel would make such a move (through a public tender offer) once the standstill expires. Reuters adds that Intel discussed a $58/share bid for Altera (NASDAQ:ALTR) in February, but lowered its offer after signing an NDA and poring through Altera's books. Bloomberg previously reported a $54/share offer. ALTR +4.5% premarket

1 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply