Exclusive-Silver Lake, Intel-Backed Altera Prepares IPO that Could Raise over $2 Billion as Early as 2026, Sources Say
The listing would be one of the largest semiconductor IPOs in recent years and follows Silver Lake's 2024 deal valuing Altera at $8.75 billion.
- Silver Lake and Intel-backed chipmaker Altera is preparing an initial public offering that could raise over $2 billion as early as 2026, according to people familiar with the matter.
- The company became fully standalone last September after Intel sold a 51 per cent stake to Silver Lake for $4.46 billion in a transaction valuing the chipmaker at $8.75 billion.
- Barclays, Citi, JPMorgan, and Morgan Stanley will serve as underwriters for the IPO, while Chief Executive Raghib Hussain previously said the company was "preparing for an eventual public listing."
- This listing would mark one of the largest semiconductor IPOs since Arm Holdings' 2023 debut, which raised nearly $5 billion, as U.S. IPOs have raised a record $137 billion through August.
- The planned offering comes as Intel, under CEO Lip-Bu Tan, continues a restructuring aimed at restoring growth, while other mega listings like Anthropic could raise about $100 billion.
13 Articles
13 Articles
(Seoul = Yonhap News) Reporter Lee Seong-han = Altera, a semiconductor company in which private equity firm Silver Lake and Intel hold stakes, is expected to surpass $2 billion (approximately 2.6 trillion won) as early as within this year...
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Exclusive-Silver Lake, Intel-backed Altera prepares IPO that could raise over $2 billion as early as 2026, sources say
NEW YORK, Sept 9 : Silver Lake and Intel-backed chipmaker Altera is preparing for an initial public offering that could raise over $2 billion as early as 2026, according to people familiar with the matter, in one of the largest semiconductor listings in recent years.Silverlake has tapped Barclays, Citi, JPMo
Intel-Backed Altera Prepares $2 Billion-Plus IPO As Semiconductor Listings Rebound
Altera, the programmable-chip maker backed by private-equity firm Silver Lake and Intel, is preparing for an initial public offering that could raise more than $2 billion as early as this year, potentially making it one of the largest U.S. semiconductor listings since Arm Holdings returned to public markets in 2023. The San Jose, California-based company […]
Altera eyes $2B plus IPO in 2026
Silver Lake and Intel backed chipmaker Altera is preparing for an initial public offering that could raise over $2 billion as early as 2026, according to people familiar with the matter, in one of the largest semiconductor listings in recent years. Silver lake has tapped Barclays, Citi, JPMorgan, and Morgan Stanley as underwriters for the […]
Intel's Altera IPO to raise more than $2 billion
Mobileye’s desire to give more financial autonomy to the subsidiary that became part of Intel over the past decade has prompted Mobileye to go public. Now that Altera plans to raise more than $2 billion through an IPO this year, it may follow a similar path. Image source: Intel At least that’s what the agency […]
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