The Online Investor
Semiconductors M&A image Semiconductors M&A » By The Online Investor Staff, updated Wed., Jun. 29, 8:46 AM Recent mergers and acquisitions in the Semiconductors M&A category.

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 »

Company Name: 
Altair Engineering Inc
Stock buyback: 
ALTR buyback
Website: 
www.altair.com
Sector: 
Application Software
Number of ETFs Holding ALTR: 
33
Total Market Value Held by ETFs: 
$323.42M
Total Market Capitalization: 
$2.90B
% of Market Cap. Held by ETFs: 
11.16%
 

Open the ALTR Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree ALTR Email Alerts:
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

Semiconductors M&A - Slide 84 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.