英特尔此次出售Altera的行动是前首席执行官帕特·基辛格发起的，尽管面临一些批评，但英特尔依然渴望实现已宣布的计划。Intel is in the process of selling its subsidiary Altera, which has attracted the interest of a number of private equity firms and semiconductor manufacturers.
The Zhitong Finance App learned that Intel (INTC.US) is advancing the process of selling its subsidiary Altera. This company, which focuses on the design of low-power programmable chips, has attracted the interest of many private equity firms and semiconductor manufacturers. According to an anonymous source familiar with the matter, Francisco Partners, Silver Lake Management, and Lattice Semiconductor (LSCC.US) have entered the second round of bidding for Altera. Apollo Global Management and Bain Capital are also actively seeking acquisitions.
According to people familiar with the matter, Intel plans to provide an official offer to the bidders by the end of January, but the entire deal may still end due to the appearance or failure of other bidders. Currently, representatives from Intel, Apollo, Bain Capital, Francisco Partners, Silver Lake, and Lattice have not commented on the news.
Intel's move to sell Altera was initiated by former CEO Pat Kissinger, and despite some criticism, Intel is still eager to implement the announced plans.
After receiving initial offers before Thanksgiving, Intel considered various transaction structures, including the acquisition of 20% to 30% of shares or full control of Altera, with valuations ranging between $9 billion and $12 billion. Intel bought Altera in 2015 for approximately $17 billion.
For Lattice, which has a market capitalization of 8 billion dollars, it may require support from financial partners if it wants to win the bid.
Intel's chief financial officer David Zinsner said at an industry conference that the company is starting an engagement process with external investors to find partners, similar to previous cooperation in the IMS business.
In June 2023, Intel sold 20% of its shares in the IMS nano-manufacturing business to Bain Capital Special Situations at a valuation of about $4.3 billion, and sold 10% of its shares to TSM.US at the same valuation three months later. The multi-beam mask writing tool provided by IMS is used by the world's largest semiconductor manufacturers for chip production.
