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For 108 billion dollars! Intel acquired Aletra has been approved
Time£º2015/12/23 11:02:30

In June this year, Intel after hard work with a $16.7 billion (RMB 108 billion) in cash, and the price is with the Altera programmable logic chip manufacturers, set the x86 chip giant takeover records.

In October, the deal is approved by the European Union, and according to the latest 8 k Altera - Form financial statements, the Chinese ministry of commerce has approved the deal.

Aletra disclosure in earnings, on December 20, received a written notice of the ministry of commerce of China, approval of Intel's acquisition of the company, which passed all relevant regulatory scrutiny.

Aletra expects the deal will be finished around December 28, then as a unit of Intel's, and relatively independent operation, also continue to the original product plan.