Intel Corp is close to a deal to buy smaller chipmaker Altera Corp for about US$15bil (RM55bil), the New York Post reported.
The deal price could be as much as US$54 (RM198) a share, a 15% premium over Altera's May 28 closing price of US$46.97 (RM172.23), the New York Post reported, citing a source close to the situation.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!