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Altera Corp

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  • Intel to acquire Altera Monday, 1 Jun 2015 | 10:05 AM ET
    Intel to acquire Altera

    Intel plans to buy smaller chip maker Altera for about $16.7 billion as it looks for growth away from the personal computer business.

  • Why Intel needs to buy Altera: Expert Monday, 1 Jun 2015 | 9:31 AM ET

    Intel is running into technological limitations that Altera's intellectual property can potentially solve, David Garrity tells CNBC.

  • *Intel to buy Altera for $16.7 bln. June 1- Wall Street was set to open higher on the first day of the month, helped by an almost five percent rally in Chinese stock markets and ahead of a string of domestic economic data. "It's the first day of the month and news out of China is bullish," said Andrew Barber, chief market strategist at Eagleview Capital in Delaware.

  • June 1- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers. By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used,...

  • Intel to buy Altera for $16.7 billion Monday, 1 Jun 2015 | 8:34 AM ET

    June 1- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers. Intel said it would offer $54 per share in cash, a 10.5 percent premium to Altera's closing price on Friday. Altera, based in San Jose, California,...

  • Intel to acquire Altera for $54 a share Monday, 1 Jun 2015 | 8:33 AM ET

    Chipmaker giant Intel has agreed to buy Altera for $54 a share, or about $16.7 billion, in an all-cash transaction.

  • Intel to buy Altera for $54/share Monday, 1 Jun 2015 | 8:32 AM ET
    Intel to buy Intel for $54/share

    Intel will acquire Altera in an all cash deal worth $16.7 billion. The "Squawk Box" crew discusses.

  • US stock futures mull China data ahead of ISM Monday, 1 Jun 2015 | 8:31 AM ET

    U.S. stock index futures tracked Asian and European equities higher on Monday, after indifferent data from China raised expectations of further stimulus.

  • Early movers: MSFT, AAPL, KO, MCP, ORLY & more Monday, 1 Jun 2015 | 7:50 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • June 1- U.S. stock index futures were higher on Monday, after closing down the previous week, as investors focused on the bright spots in China's factory activity data and ahead of a string of domestic economic data. *Intel shares were up 0.6 percent at $34.68 in premarket trading on reports that the company was nearing a deal to buy programmable-chip maker Altera.

  • Intel nears deal to acquire Altera for $17B Monday, 1 Jun 2015 | 6:35 AM ET
    Intel nears deal to acquire Altera for $17B

    Intel will announce today it wants to buy chip designer Altera for $54 a share. David Garrity, GVA Research, provides insight.

  • *Humana hits record on takeover interest. *Altera rises on report of Intel interest. May 29- U.S. stocks closed lower on Friday as data showed the economy contracted in the first quarter but indexes still posted gains for the month.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower on the last trading day of the month, as investors digested data and remained cautious on continued concerns about Greece.

  • Top 5 stocks of the week and how to trade them Friday, 29 May 2015 | 2:38 PM ET
    Jen-Hsun Huang, co-founder and chief executive office of Nvidia Corp., speaks during a press conference.

    CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue.

  • *Intel to offer $54 per share- source. May 29- Intel Corp has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. The deal will allow Intel to bundle its own server chips with Altera's line of programmable chips,...

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. Avago, which serves the wireless and industrial markets, is offering Broadcom...

  • May 29- Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday. Intel and Altera did not respond to requests for comment. In April, Altera rejected an unsolicited $54 per share offer from Intel following months of negotiations, sources told...

  • May 29- Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $15 billion acquisition agreement, a person familiar with the matter said on Friday. Intel and Altera did not respond to requests for comment. In April, Altera rejected an unsolicited $54 per share offer from Intel following months of negotiations, sources told...

  • Intel looking to buy up rival chips Friday, 29 May 2015 | 10:00 AM ET
    Intel looking to buy up rival chips

    Reports say Intel is close to a $15 billion deal for Altera.

  • *Altera up on report of Intel takeover interest. May 29- U.S. stock futures were largely unchanged, keeping the market on course to open lower on Friday, after data showed that the economy contracted in the first quarter. "Monetary policy from the Fed is forward looking and GDP by definition is a rear view mirror and the important thing now is that it wasn't a big miss,"...