30 Dec '15, 2am

Intel Takes Over Altera for US$16.7 Billion

It’s usually the year-end when many organisations would be in the midst of winding up their accounts and tie-up loose ends. However that is not the case with Intel as it just received the all-clear to wrap up the US$16.7 billion purchasing of rival chipmaker, Altera. The move, seen as a likely move for the Santa Monica based company, is part of an eventual long-term strategy for Intel as it moves to pair the Intel Xeon CPU with what Altera makes and create a unified system for the coming year. As is, enterprise customers are already using Intel and Altera systems together as they both work in tandem to create a comprehensive computational platform that offers field programmable gate arrays. Since it is common practice to pair up these devices together, it makes perfect sense to combine them onto a single processing unit. According to Intel, the end result is expected to pr...

Full article: http://amanz.net/201510188/intel-takes-over-altera-for-us...

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Intel Seals $16.7 Billion Altera Deal | EE Times

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