Altera Corp.
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Altera Corp. - overview
Location
San Jose, CA, US
Primary Industry
Semiconductors
About
Altera Corp. 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. Altera was recently acquired by daVinci Capital Group, with financial terms undisclosed. 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. Altera Corp. aims to introduce new product lines designed to enhance its FPGA offerings and expand into emerging markets by 2025. Recent funding from its acquisition will be utilized to support these developments and strengthen its market position.
Specific regions targeted for growth include Asia-Pacific and Europe, capitalizing on expanding demand for advanced electronic solutions.
Current Investors
daVinci Capital Group
Primary Industry
Semiconductors
Sub Industries
Semiconductors
Website
www.altera.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Altera Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Altera Corp. | - |
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