June 1, 2015 | According to a number of reports, Intel is expected to acquire Altera for $17 billion. Altera is an American manufacturer of Programmable Logic Devices that has been an appealing acquisition prospect for Intel since March. Intel, the worldwide processor manufacturer and distributor, has its largest research and development center and chip factory outside of the United States in Israel, employing nearly 10,000 local Israeli employees.
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