Datacentre key as Intel’s $US16.7 billion acquisition gets green light
“The datacentre server market is Intel’s profit engine, and continued performance improvement is paramount to future business.”
“The datacentre server market is Intel’s profit engine, and continued performance improvement is paramount to future business.”
Pursuing opportunities in the Internet of Things market, Intel has sealed a deal to buy Altera in an all-cash transaction valued at about $16.7 billion, which would be Intel's largest acquisition ever.
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Intel and Altera are apparently once again on speaking terms and said to be nearing a deal in which Intel would buy the smaller chip maker for US$15 billion.
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Intel's chips dominate servers in data centers, but the possible acquisition of Altera could help the company provide a wider variety of custom chips designed to speed up specific applications, analysts said on Friday.
Intellectual Ventures, a patent portfolio developer and broker started by former Microsoft CTO Nathan Myhrvold, has filed patent lawsuits against nine tech companies, including Symantec, McAfee and Hynix Semiconductor.