Intel drops talks to acquire Altera: Sources

April 9, 2015 1:56 PM

58 0

Intel drops talks to acquire Altera: Sources

Intel has stopped its talks with Altera about a potential acquisition, according to sources familiar with the situation.

Altera stock fell about 10 percent in pre-market trading. When news of the talks first broke in March, Altera stock posted a 28 percent jump.

Also read: China's Geely to buy Lotus, take stake in Malaysia's Proton

Read more

To category page

Loading...