Reported about 17 hours ago
Lattice Semiconductor Corp. is contemplating an offer for Intel's Altera unit, which may disrupt Intel's strategy to sell a minority stake in Altera. Lattice, alongside potential private equity backers, is exploring a bid ahead of upcoming offers due next week, although its market value is significantly lower than Intel's investment in Altera. Intel prefers a partial stake sale as part of its reorganization plans and aims to expedite the process into next year.
Source: YAHOO