John Daane

Intel Corporation (NASDAQ: INTC) on Monday announced it has entered into a definitive agreement to acquire Altera Corporation (NASDAQ: ALTR) for $54 per share, valuing the entire transaction at around $16.7 billion. According to a press release, Intel stated that the acquisition will improve...

Altera (NASDAQ: ALTR): Shares of Altera traded up on Wednesday after the company reported second quarter earnings that were down 24 percent, but that beat analyst estimates. The company earned $162.7 million, compared to $214.6 million in the same period last year. The board of director approved to...