Abu Dhabi’s MGX Joins Silver Lake in 51% Altera Acquisition
MGX has joined Silver Lake as a co-investor in acquiring a 51 percent stake in Altera. Intel will retain the remaining 49 percent. The collaboration combines semiconductor expertise with a shared vision to accelerate Altera’s leadership in programmable semiconductor solutions.
Completion of the transaction makes Altera the largest independent provider of Field-Programmable Gate Array (FPGA) solutions worldwide. The company will enhance innovation by offering developers software tools, IP, design resources, and development kits to create complete FPGA solutions. Its portfolio includes advanced fabric, high efficiency, and scalable software designed to meet customer needs.
Driving AI Accessibility
Altera’s Agilex family of FPGA products reduces the cost of entry into AI while improving reliability, security, and performance. Flexible supply arrangements across leading nodes and foundry partners ensure resilience. These capabilities strengthen the role of FPGA solutions in making AI more accessible to industries worldwide.
Future Outlook
With this investment, Altera gains financial strength and strategic backing. The company is positioned to expand its reach, deliver advanced solutions, and reinforce its role as a driving force in the digital future.
