Intel’s Altera Buy Foreshadows Future Of Tech, Activism – The Edge Sees Dominance

Intel’s Altera Buy Foreshadows Future Of Tech, Activism – The Edge Sees Dominance By Benjamin Horney, Staff Writer, Law360: When Altera Corp. agreed to be acquired by Intel Corp. for $54 per share on Monday, it marked a massive melding of two industry leaders in a sector poised to see continued consolidation, in addition to being a boon for activist investors seeking to show they can effect change even without engaging in a true proxy fight. The deal — which actually marks the second big-money deal involving chipmakers in the past week after Avago Technologies Ltd. last Thursday agreed to buy rival Broadcom Corp. for $37 billion — gives the...