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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.
