Intel Spins Off Altera as Independent FPGA Company

Altera, now an independent entity under Intel, aims to reinvigorate the FPGA market with a focus on AI and emerging technologies.

Intel has spun off its programmable solutions group, Altera, into a standalone FPGA company, retaining ownership but granting operational independence.
Altera, under the leadership of CEO Sandra Rivera, targets a significant expansion in the FPGA market, emphasizing AI and a broad range of applications.
The spin-off is expected to provide Altera with more autonomy, enabling it to better compete in the fast-evolving FPGA market and potentially pursue an IPO in the future.
Altera's current and upcoming FPGA solutions, including the Agilex line, are designed to address both high-performance and cost-sensitive applications, with a strong focus on AI integration.
Intel views the standalone Altera as a strategic move to capitalize on the growing AI opportunities, planning a stock offering for Altera within the next two to three years.