FPGA’s were the hot story in 2015 when Intel acquired Altera for $16.7B.
Opinions expressed by Forbes Contributors are their own.Thanks to Microsoft’s appetite for FPGAs in the data center, the programmable hardware chips were a hot story in 2015. So, Intel acquired Altera for $16.7B.
While the anticipated growth for programmable hardware in AI has yet to materialize, other market segments continued to grow. Intel doesn’t break out PSG sales but said in July that the unit had three record quarters. Given the strength in the business and perhaps a diminishing role for Intel, it looks like a great time to spin PSG out and enhance shareholder value. INTC was up some 2.5% after hours.
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