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MGX co-invests with Silver Lake in Altera acquisition

MGX, an Abu Dhabi artificial intelligence investment firm and partner of Silver Lake, said on Tuesday it has joined the buyout group in acquiring a majority stake in California programmable chip business Altera, leaving Intel with a 49% holding.

DUBAI, Sept 16 (Reuters) – MGX, an Abu Dhabi artificial intelligence investment firm and partner of Silver Lake, said on Tuesday it has joined the buyout group in acquiring a majority stake in California programmable chip business Altera, leaving Int… [1321 chars]

Source: Reuters | Published: 2025-09-16T14:25:13Z

Credit: Reuters

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