Altera Corporation

Altera Corporation specializes in the design and manufacturing of field-programmable gate arrays (FPGAs) and system-on-chip (SoC) solutions, providing advanced technologies for diverse sectors, including aerospace and telecommunications. Altera Corp. develops innovative FPGA and SoC solutions, focusing on various industries. Founded by Andrea Canalizo, the company is headquartered in San Jose, US.

In April 2025, lead investor Silver Lake, along with MGX, agreed to acquire a 51% majority stake in Altera Corporation from Intel Corporation for USD 3. 3 billion. The transaction is completed in September 2025. Altera Corporation specializes in designing and manufacturing field-programmable gate arrays (FPGAs) and system-on-chip (SoC) FPGAs.

Its offerings include high-performance products like the Agilex and Stratix series, utilized across industries such as military, aerospace, medical, telecommunications, and consumer electronics. Altera enables customers to optimize solutions, enhance diagnostic capabilities, and improve processing in applications ranging from AI inferencing to 5G infrastructure, serving a global market across North America, Europe, and Asia-Pacific. In 2014, Altera reported a revenue of USD 1. 93 bn and an EBITDA of USD 615.

40 mn. The revenue model centers on direct sales of FPGA and SoC products through B2B relationships, facilitating bulk purchases and tailored support services to foster long-term business partnerships. The acquisition will enable the company to enhance its service offerings and market presence.