Silver Lake Shakes Up Tech Landscape by Securing Altera in PE's Largest Carveout in Half a Decade
In a significant reshaping of the tech landscape, Intel, one of the industry’s pivotal players, has divested itself of Altera. The electronics company - known for its programmable logic devices and embedded processors - has been sold to Silver Lake, a global leader in the world of private equity. Significantly, this isn’t just any ordinary transaction: it’s the largest carveout in the realm of private equity in the last half-decade.
The deal’s size and importance cannot be overstated. This remarkable transaction signals a strategic shift for Intel, providing an opportunity for them to divert resources and direct focus on other areas deemed essential in their expansive operations. It also denotes the increasing clout and influence of private equity in today’s tech-heavy market.
The industry will no doubt be closely watching the after-effects of this monumental carveout. Many will be on the lookout for the ripple effects it might have not just on Intel and Silver Lake, but the entire tech landscape. This is exactly the sort of deal that has the power to shape the futurology of an entire industry.
- •Intel sells Altera to Silver Lake in PE’s largest carveout in 5 years pitchbook.com15-04-2025