Intel-Altera Deal Seen Fueling Growth In Cloud, IoT

By | June 1, 2015

Scalper1 News

For Intel CEO Brian Krzanich, his company’s $16.7 billion acquisition of programmable chipmaker Altera, finally made official early Monday, is “closely aligned” with Intel’s aggressive push into new growth markets. Integrating Altera’s (ALTR) field-programmable gate arrays will help Intel (INTC) sell more Xeon server chips to cloud-computing customers and also boost Intel’s offerings in the growing Internet of Things market, particularly in Scalper1 News

Scalper1 News