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June 1, 2015 05:40 pm GMT

Intel-Altera Deal Marks Second Big Chip Company Merger In Less Than A Week

Intel logo outside their headquarters.This morning Intel confirmed it had bought Altera, maker of programmable chips, for $16.7 billion. That may seem like a big number until you consider thatAvago Technologies Ltd. boughtwireless-chip maker Broadcom last week for $37 billion. It’s a good week to be in the chip business. According to published reports, the deal has been in the works for months, but perhaps the… Read More

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