AI investors
MGX joins Silver Lake in buyout of Intel’s Altera chip business
The deal is one of the first in the semiconductor sector for MGX, which has set a goal to build its assets under management to at least $100 billion
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Add The Circuit on GoogleAbu Dhabi-owned MGX agreed to co-invest with private equity firm Silver Lake and a group of partners in acquiring 51% of Intel’s programmable chip business, Altera.
The deal, which was announced on Tuesday after being completed on Sept. 12,...
