About Intel/Altera
Altera makes field-programmable gate arrays, or FPGAs, which are chips whose internal circuitry can be reprogrammed after manufacture, so one device can be adapted to different tasks such as networking, signal processing or AI. Its current product line is called Agilex. Intel had owned Altera since its acquisition, and in September 2025 private equity firm Silver Lake completed the purchase of a 51 percent stake in a deal valuing Altera at $8.75 billion. Intel kept the remaining 49 percent, and Raghib Hussain is chief executive.
Intel/Altera was founded in 1983 and is based in San Jose, CA, United States. It is listed under FPGAs. Reported funding is Silver Lake acquired 51% for $8.75B (closed Sept 15, 2025).
Compute Technologies
- FPGAs
What Intel/Altera works on
FPGAs
An FPGA, or field-programmable gate array, is a chip whose internal wiring can be changed after it is made. It contains a grid of small logic blocks, memory blocks and programmable connections. Loading a new configuration file, called a bitstream, turns it into a different digital circuit.
