
This Slide: #84 of 100 |
Slide #84. Altera Corporation — TPACK
Acquirer:
Altera Corporation (NASDAQ:ALTR)
Acquiree:
TPACK
Details:
Altera Corporation (NASDAQ: ALTR) today announced it has agreed to acquire TPACK, a wholly-owned subsidiary of Applied Micro Circuits Corporation (NASDAQ:AMCC). TPACK delivers complete FPGA-based OTN (optical transport network) products targeting packet and optical networking equipment suppliers. The acquisition enables Altera to accelerate and expand its OTN solutions roadmap to support the increasing pipeline of customer designs resulting from Altera's successful acquisition in 2010 of Avalon Microelectronics, a leading OTN IP provider. Combining TPACK with Altera's current OTN development team positions Altera for continued growth in FPGA-based IP solutions for the OTN equipment market, which is forecast to reach $13B by 2017, according to research firm Infonetics.
Altair Engineering delivers software and cloud solutions in simulation, high-performance computing, data analytics, and artificial intelligence. Co.'s Software segment includes: software, which consists of software products including its solvers and optimization technology products, computing software applications and hardware products, modeling and visualization tools, and data analytics and analysis products; and software related services, which consists of consulting and implementation services. Co.'s Client Engineering Services segment provides client engineering services by hiring engineers and data scientists for placement at a customer site for specific customer-directed assignments.
ALTR SEC Filing Email Alerts Service
Open the ALTR Page at The Online Investor »
|
Open the ALTR Page at The Online Investor (in a new window) »

![]() ![]() Get SEC Filing Alerts Get Dividend Alerts ![]() ![]() |
![]() Buy (2.67 out of 4) 3rd percentile
(ranked lower than approx. 97% of all stocks covered)
Analysts' Target Price: ALTR Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
