News

MGX, a United Arab Emirates-based investor in AI and advanced technologies, has joined Silver Lake as a co-investor in ...
US gov plans to take stake in Intel to boost value like Taiwan Semiconductor. Intel sold 51% of Altera to Silver Lake. Share ...
Intel shares jumped about 5% on Monday after the company sold a majority stake in its Altera chip division and lowered its ...
Abu Dhabi-based MGX has joined as a co-investor in the Silver Lake-led acquisition of a 51 per cent stake in Altera from ...
MGX, an Abu Dhabi artificial intelligence investment firm and partner of Silver Lake, said on Tuesday it has joined the ...
MGX, the United Arab Emirates-backed fund, will join Silver Lake in purchasing a 51% stake in Altera, a programmable chip business spinning out of Intel, the fund said Tuesday. Altera is MGX’s first ...
Emirates News Agency on MSN

MGX joins Silver Lake in Altera acquisition

MGX, a leading AI investment firm and strategic partner to Silver Lake, today announced that it has joined Silver Lake as a co-investor in the Silver Lake-led acquisition of a 51% stake in Altera.
Arabian Gulf Business Insight on MSN

MGX in group buying majority stake in Intel’s Altera

Emirati state-backed technology investor MGX has joined a Silver Lake-led group in buying a 51 percent stake in US chipmaker Altera. Intel Corporation will retain the remaining 49 percent stake, MGX ...
Chip stocks rally on strong demand for data center chips and memory products, with top performers including ON Semiconductor, ...
Estée Lauder (NYSE:EL): Beauty products company Estée Lauder (NYSE:EL) rose by 3.5% on Monday after an analyst at Evercore ...
Alphabet was the single strongest force lifting the S&P 500 after gaining 4.5%, which brought the total value for Google’s ...
Artificial intelligence (AI) is getting stronger every year—but also more power-hungry. Running large AI models takes a lot ...