The company Intel announced the completion of the acquisition of the company Altera. Recall, Altera produces programmable chips, including programmable logic integrated circuits of FPGA type.
It is expected that the acquisition will allow the companies to advance in the development and manufacture of solutions for data centers and the Internet of things. The amount of the transaction amounted to 16.7 billion dollars.
As a result, Altera has become the new Intel PSG (Programmable Solutions Group). The head of podrazdeleniya will be one of the veterans Altera Dan McNamara (Dan McNamara). He’s going to continue the development of FPGA, system on a chip ARM-based, and other products Altera.