Intel says it will sell a 51% stake in Altera to Silver Lake, valuing the programmable chip unit at $8.7B; Intel bought Altera for $15B in 2015 (Zaheer Kachwala/Reuters)

Zaheer Kachwala / Reuters:
Intel says it will sell a 51% stake in Altera to Silver Lake, valuing the programmable chip unit at $8.7B; Intel bought Altera for $15B in 2015  —  Intel said on Monday it would sell a 51% stake in Altera to private equity firm Silver Lake, valuing the programmable chip unit at $8.75 billion.

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