MGX has partnered with Silver Lake in acquiring a 51 percent stake in Altera, a leading force in programmable semiconductor solutions. Intel Corporation will hold the remaining 49 percent, underscoring its continued confidence in Altera’s future and signalling a partnership built on deep semiconductor expertise and a shared vision for global growth.
The transaction cements Altera’s position as the world’s largest independent, pure-play Field-Programmable Gate Array (FPGA) solutions provider. With this new structure, Altera is poised to accelerate innovation by offering a full-stack FPGA portfolio that includes software tools, development kits, intellectual property, and design services. Its Agilex family of products lowers AI entry costs while delivering enhanced performance, reliability, and security, supported by resilient supply across leading foundries.
Omar Alismail, Chief Investment Officer, Semiconductors and Infrastructure at MGX, said: “Altera provides a foundational platform for next generation computing. This is an opportunity to scale a company of such significance into a true global leader for the AI era. In partnership with Silver Lake, we are accelerating next-generation technologies and ensuring Altera has the reach and innovation needed to power the digital future.”
Kenneth Hao, Chairman and Managing Partner at Silver Lake, added: “Altera is uniquely positioned at the forefront of the FPGA industry and AI evolution. This investment reflects our confidence in Altera’s technology leadership, its commitment to deliver for customers, and its significant growth potential. We are proud to support CEO Raghib Hussain and the talented Altera team as they embark on this exciting next chapter, and we are delighted that MGX joins us as a partner.”
With new backing and reinforced leadership, Altera is set to expand its role in shaping the future of AI-driven computing and programmable semiconductor innovation.
