Hello Daniel –
Today marks the beginning of a new era for Altera. With the close of Silver Lake’s acquisition of a 51% stake,
Altera is now the world’s largest pure-play FPGA solutions provider. Independence positions Altera to innovate faster and invest in developing an even stronger portfolio of advanced FPGA solutions.
For FPGA customers, Altera’s focus will be to leverage a full-stack FPGA portfolio and its broad ecosystem to enable the broad markets that FPGAs serve, from low-cost embedded applications to high-performance data centers and telco equipment. Independence also gives Altera the freedom to build FPGA solutions on leading nodes with any foundry, in any region, ensuring supply resiliency and flexibility for its customers worldwide.
By being 100% focused on FPGAs, Altera is better positioned to help customers solve their most complex challenges, while accelerating innovations with programmable logic that is secure, scalable, and built for the future.
Key Insights:
- Altera is now a stronger, nimbler company, with an unwavering commitment to excellence and putting FPGA customers’ business needs first.
- As the industry’s largest pure-play FPGA solutions provider, Altera will operate with greater speed and agility to drive faster innovation, deliver advanced FPGA solutions and offer increased support for its customers and partners worldwide.
- Silver Lake is a global leader in technology investing with a proven track record of growing and scaling category-defining semiconductor businesses, including Broadcom and NXP, and successfully carving out businesses from larger parent companies (including Avago from Agilent).
- With flexible, resilient supply across leading nodes and foundry partners, Altera ensures customers can build with confidence anywhere in the world.
You can read the full press release
in the Altera newsroom and below. If you have any questions or would like additional context, we’d be happy to coordinate time with an Altera representative.
All the best,
Chase
Altera Closes Silver Lake Investment to Become World’s Largest Pure-play FPGA Solutions Provider
Independence accelerates innovation, enables customer focus, and drives long-term value creation
SAN JOSE, Calif. and MENLO PARK, Calif. , Sept. 15, 2025 --Altera Corporation, a leader in FPGA innovations, today announced that Silver Lake, a global leader in technology investing, has completed its acquisition of a 51% stake in the company from Intel Corporation, which will retain a 49% stake, underscoring shared confidence in Altera’s growth.
Completion of the transaction establishes Altera as the world’s largest independent, pure-play FPGA solutions provider, empowering the company to accelerate innovation for customers and partners by providing software tools, development kits, IP and design service resources used to build complete FPGA solutions.
Altera delivers a comprehensive, full-stack FPGA portfolio featuring industry-leading fabric, efficient performance, and easy-to-use, scalable software for customers and developers. With the Agilex family of products, Altera’s advanced FPGA solutions make AI more accessible by lowering entry costs while enhancing performance, reliability, and security. With flexible, resilient supply across leading nodes and foundry partners, Altera ensures customers can build with confidence anywhere in the world.
Expanding Leadership Supported by Silver Lake
With operational independence and Silver Lake’s backing, Altera has additional agility and resources to drive faster innovation and deliver advanced FPGA solutions, with increased support for customers and partners worldwide.
Silver Lake’s expertise in partnering with management teams to scale and transform category-leading semiconductor companies will support Altera’s expansion across key sectors, including industrial automation, audio/video, robotics, aerospace, defense, data centers, telecommunications and edge AI.
“We are thrilled to partner with Silver Lake as this transformative investment positions us to accelerate innovation and reinforce our leadership in the FPGA market at a time when AI applications are fueling demand for programmable logic,” said Altera CEO Raghib Hussain. “We are laser-focused on optimizing our portfolio and unleashing the great innovation and talent of this organization to support the evolving needs of customers looking to capitalize on the significant opportunities presented by AI.”
“Altera is uniquely positioned at the forefront of the FPGA industry and AI revolution. Our investment reflects our confidence in Altera’s technology leadership, its commitment to deliver for customers, and its significant growth potential,” said Kenneth Hao, Silver Lake Chairman and Managing Partner. “We are proud to support Raghib and the talented Altera team as they embark on this exciting next chapter.”
About Altera
Altera is a leading supplier of programmable hardware, software, and development tools that empower designers of electronic systems to innovate, differentiate, and succeed in their markets. With a broad portfolio of industry-leading FPGAs, SoCs, and design solutions, Altera enables customers to achieve faster time-to-market and unmatched performance in applications spanning industrial automation, audio/video, robotics, aerospace, defense, data centers, telecommunications, edge AI and more. For more information, visit
www.altera.com.
About Silver Lake
Silver Lake is a global technology investment firm, with approximately $104 billion in combined assets under management and committed capital and a team of professionals based in North America, Europe and Asia. Silver Lake’s portfolio companies collectively generate nearly $252 billion of revenue annually and employ approximately 433,000 people globally.
