Abu Dhabi-based MGX has co-invested with US Chip firm - Silver Lake in the Altera transaction that leaves Intel with 49% and values Altera at about $8.75 billion.

Abu Dhabi-based MGX has co-invested with US Chip firm - Silver Lake in the Altera transaction that leaves Intel with 49% and values Altera at about $8.75 billion. Silver Lake took a 51% stake; MGX didn’t disclose its ticket but called Altera strategic to AI compute. Intel originally bought Altera in 2015 for nearly $17 billion.