Who owns Altera? This question has intrigued many in the technology industry, especially since Altera’s acquisition by Intel in 2015. Understanding the ownership structure of Altera provides insight into its strategic direction and the broader implications for the semiconductor market.
Altera, a company known for its high-performance, low-power programmable logic devices, was initially founded in 1983 by Henry E. Nicholas III, John R. Croteau, and John Daane. Over the years, Altera has grown to become a significant player in the semiconductor industry, offering a range of products including FPGAs (Field-Programmable Gate Arrays), SoCs (System on Chips), and other related technologies.
In 2015, Intel Corporation, a leading manufacturer of computer hardware and semiconductor products, acquired Altera for a total of $16.7 billion. This acquisition marked a significant milestone for both companies, as Intel aimed to strengthen its position in the programmable logic market. Following the acquisition, Intel integrated Altera’s FPGA business into its own, which now operates under the name Intel Programmable Solutions Group.
Intel’s ownership of Altera has had a profound impact on the company’s strategic direction. By combining Altera’s FPGA technology with Intel’s extensive resources and expertise, the new entity has been able to develop cutting-edge products and solutions for various industries, including automotive, data center, and wireless communications.
The acquisition has also allowed Intel to diversify its product portfolio, reducing its reliance on traditional CPU and GPU markets. Moreover, Intel’s ownership has facilitated collaboration between the two companies, leading to the development of innovative solutions that leverage the strengths of both entities.
In conclusion, the answer to the question “Who owns Altera?” is Intel Corporation. This acquisition has not only transformed Altera’s strategic direction but has also had a significant impact on the semiconductor industry as a whole. As Intel continues to invest in and expand its programmable logic solutions, the future of Altera, now part of Intel Programmable Solutions Group, remains bright and promising.
