Posted on 06/01/2015 12:06:08 PM PDT by SeekAndFind
The world's largest chip maker just made its largest acquisition ever. Intel is buying programmable chip maker Altera Corporation in a $16.7 billion cash deal with stockholders taking home $54 per share.
The merger comes amidst a lag in the personal-computer market, one that Intel's been able to stay above.
Intel's first-quarter earnings report in April showed a 3 percent rise in income compared to the same quarter last year. And Intel likely wants to continue keeping its head above water.
That's where Altera should help out. A joint press release said Intel's products and manufacturing process will join with Altera's field-programmable gate array technology — a.k.a. customer-programable chips. This FPGA tech is an important gateway to the Internet of Things market.
The Internet of Things is basically any everyday object you own that's connected to the Internet. "Let's stroll into the living room of the future. Now, immediately this room identifies you and taps into a cloud-based profile of preferences like climate control, music, lighting and decor," reports FW: Thinking.
It's an expanding market and one Intel hopes Altera can help out with.
Intel reported just under $56 billion in revenue last year while much smaller Altera recorded nearly $2 billion.
I use an Altera chip in one of my designs.
One of these EP3C5E144C7N . . ?
I asked for help in the Altera forum:
http://www.alteraforum.com/forum/showthread.php?t=2026
What’s the product?
Individual cylinder knock controller:
http://www.jandssafeguard.com/safeguard.html
The Interceptor version is the one with the Altera device.
http://www.jandssafeguard.com/images/pcb’s/Interceptor.jpg
pretty spiffy . ..
Nice looking board. It’s always been my dream to have my own small company selling electronics of my own design. Currently I am writing FPGA RTL for a large company.
Thanks SeekAndFind.
I just heard layoffs are going to hit Portland OR to help pay for Altera purchase.
This one could be a big one.
http://www.oregonlive.com/silicon-forest/index.ssf/2015/06/intel_facing_disappointing_sal.html
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