Lattice Semiconductor Considers Offer for Intel’s Altera Unit

Bloomberg07:50

(Bloomberg) -- Lattice Semiconductor Corp. is considering making an offer for all of Intel Corp.’s Altera, people familiar with the matter said, in a twist that could complicate the chip giant’s plans...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485241594?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/_GkdCkU4ijMaFyVIT9PfXQ--~B/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_markets_842/3507a780a6dd3406e3d74b25a167053f","is_english":true,"pubTime":"2024-11-23 07:50","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2485241594","market":"us","top_or_hot":-1,"title":"Lattice Semiconductor Considers Offer for Intel’s Altera Unit","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Lattice Semiconductor Corp. is considering making an offer for all of Intel Corp.’s Altera, people familiar with the matter said, in a twist that could complicate the chip giant’s plans...</p>\n\n<a href=\"https://finance.yahoo.com/news/lattice-semiconductor-considers-offer-intel-235019425.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lattice Semiconductor Considers Offer for Intel’s Altera Unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLattice Semiconductor Considers Offer for Intel’s Altera Unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-23 07:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lattice-semiconductor-considers-offer-intel-235019425.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Lattice Semiconductor Corp. is considering making an offer for all of Intel Corp.’s Altera, people familiar with the matter said, in a twist that could complicate the chip giant’s plans...</p>\n\n<a href=\"https://finance.yahoo.com/news/lattice-semiconductor-considers-offer-intel-235019425.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4575","symbol_name":"芯片概念","start_time":0,"source_url":"https://finance.yahoo.com/news/lattice-semiconductor-considers-offer-intel-235019425.html","article_id":"2485241594","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_GkdCkU4ijMaFyVIT9PfXQ--~B/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_markets_842/3507a780a6dd3406e3d74b25a167053f"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485241594","pubTimestamp":1732319419,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":" -- Lattice Semiconductor Corp. is considering making an offer for all of Intel Corp.’s Altera, people familiar with the matter said, in a twist that could complicate the chip giant’s plans to sell a minority stake in the unit.Hillsboro, Oregon-based Lattice is working with advisers and is seeking a private equity backer as it explores a potential bid, according to the people, who asked not to be identified discussing confidential information.Buyout firms including Francisco Partners, Bain Capital and Silver Lake Management have also been studying offers to invest in Altera, the people said. Altera could also attract interest from other semiconductor companies, they added.Bids for Altera are due next week before the US Thanksgiving holiday on Thursday, the people said.Any attempt by Lattice to gain control of Altera might prove difficult, given the relatively small size of the acquirer. Lattice has a market value of $7.48 billion, less than half what Intel would need to break even on t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4575":"芯片概念","BK4535":"淡马锡持仓","LSCC":"莱迪思半导体","BK4527":"明星科技股","IE00B64QTZ34.USD":"NEUBERGER BERMAN US SMALL CAP \"A\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","BK4579":"人工智能","BK4550":"红杉资本持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4588":"碎股","BK4141":"半导体产品","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4512":"苹果概念","BK4529":"IDC概念","BK4554":"元宇宙及AR概念","BK4515":"5G概念","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","INTC":"英特尔","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","IE00BLDYK493.USD":"NEUBERGER BERMAN US SMALL CAP \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)"},"translate_title":"莱迪思半导体考虑收购英特尔Altera部门","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LSCC":1,"INTC":1},"content_text":"(Bloomberg) -- Lattice Semiconductor Corp. is considering making an offer for all of Intel Corp.’s Altera, people familiar with the matter said, in a twist that could complicate the chip giant’s plans to sell a minority stake in the unit. \nHillsboro, Oregon-based Lattice is working with advisers and is seeking a private equity backer as it explores a potential bid, according to the people, who asked not to be identified discussing confidential information. \nBuyout firms including Francisco Partners, Bain Capital and Silver Lake Management have also been studying offers to invest in Altera, the people said. Altera could also attract interest from other semiconductor companies, they added.\nBids for Altera are due next week before the US Thanksgiving holiday on Thursday, the people said. \nAny attempt by Lattice to gain control of Altera might prove difficult, given the relatively small size of the acquirer. Lattice has a market value of $7.48 billion, less than half what Intel would need to break even on the roughly $17 billion it paid for Altera in 2015.\nOffers for a stake in Altera, whose multi-use chips are primarily deployed in telecommunications networks, would likely need to be highly structured, according to the people. Private equity firms are weighing investments equivalent to about $3 billion, which may come in the form of structured instruments, the people said. That could result in a valuation lower than what Intel paid for Altera, they said.\nSanta Clara, California-based Intel reiterated last month that it would look to sell a stake in Altera to an investor before eventually pursuing an initial public offering of the unit — part of a broader plan by the chipmaker to turn its business around. \nIntel had a regularly scheduled board meeting this week and the future of Altera was among the items on the agenda, according to the people. Intel would prefer to sell a minority stake in Altera rather than the entire unit, they said. \nIntel Chief Executive Officer Pat Gelsinger has said the company is aiming to conclude the Altera process early next year and is also reviewing options for other parts of its portfolio.\nDeliberations are ongoing and there’s no certainty that Lattice or any of the private equity firms will decide to proceed with offers for Altera, the people said. \nRepresentatives for Intel, Francisco Partners, Bain Capital and Silver Lake declined to comment. A spokesperson for Lattice didn’t respond to requests for comment. The interest from the three private equity firms was reported earlier by Reuters.\nLattice is led by CEO Ford Tamer, an experienced semiconductor operator who previously served as president and CEO of Inphi Corp. until its merger with Marvell Technology Inc., which was completed in 2021. He also has a relationship with Francisco Partners, where he served as a senior operating partner before joining Lattice in September this year.\n--With assistance from Ian King.\n©2024 Bloomberg L.P.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485241594"}