Exclusive-Silver Lake, Intel-Backed Altera Prepares IPO that Could Raise over $2 Billion as Early as 2026, Sources Say

EXCLUSIVE: Silver Lake, Intel-backed Altera prepares IPO that could raise over $2 billion as early as 2026, sources say

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

Altera prepares IPO with Silver Lake backing, could raise over $2B

Altera, the world's largest independent FPGA provider, is targeting a 2026 IPO that could raise over $2B, backed by Silver Lake's 51% stake.