Intel has completed the acquisition of Altera, a provider of field-programmable gate array (FPGA) technology.
The acquisition will support Intel to bring out new semiconductor products in data center and Internet of Things (IoT) markets.
Brian Krzanich, Intel CEO, said: “We will apply Moore’s Law to grow today’s FPGA business, and we’ll invent new products that make amazing experiences of the future possible – experiences like autonomous driving and machine learning.”
Altera will operate as a new Intel business unit called the Programmable Solutions Group (PSG), led by Altera veteran Dan McNamara. PSG will work with Intel’s Data Center Group and IoT Group to offer customized, integrated products and solutions.
Future products of Altera include FPGA, ARM-based SoC and power products. Intel aims to create programmable logic devices utilizing Altera’s FPGA technology.