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Intel resumes talks with Altera

The two companies have reportedly gone back to discussing a potential USD 13 billion buyout. Previous negotiations came to a halt a few weeks ago.

Intel – the much, much bigger player of the two – has previously expressed intentions to expand into new markets. The PC industry is not what it used to be and the Tech-giant needs new growth areas. Undisclosed sources – with direct knowledge of the talks – indicated that the negotiations are back on, writes The New York Post.

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March 28 2024 10:16 am V22.4.20-2
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