Key Developments: Altera Corp (ALTR.O)

ALTR.O on Nasdaq

36.48USD
19 Sep 2014
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$-0.58 (-1.58%)
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Latest Key Developments (Source: Significant Developments)

Altera Corp Closes $1 Billion Senior Notes Offering
Friday, 1 Nov 2013 04:15pm EDT 

Altera Corporation announced that the closing of its previously announced offering of $600 million aggregate principal amount of its 2.500% Senior Notes due 2018 and $400 million aggregate principal amount of its 4.100% Senior Notes due 2023 ("senior notes") under a shelf registration statement on file with the Securities and Exchange Commission. The Company intends these Treasury securities to represent an economic hedge that will reduce the net cost of the senior notes to the Company.  Full Article

Altera Corp Declares Quarterly Cash Dividend
Tuesday, 22 Oct 2013 04:15pm EDT 

Altera Corp announced that the Board of Directors has declared a quarterly cash dividend of $0.15 per share, to be paid on December 2, 2013 to stockholders of record on November 12, 2013.  Full Article

Altera Corp gives Q4 2013 revenue guidance in line with the analysts' estimates
Tuesday, 22 Oct 2013 04:15pm EDT 

Altera Corp:Sees Q4 2013 sequential revenue to be in the range of down 3% to up 1%.The company reported revenues of $445.95 mln for Q3 2013.For Q4 2013 revenue to be $442.04 mln - Thomson Reuters I/B/E/S Estimates.  Full Article

Altera Corp Issues Q3 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Tuesday, 23 Jul 2013 04:45pm EDT 

Altera Corp announced that for third quarter of 2013, it forecasting a 5% to 9% sequential revenue increase driven by growth in new market -- new products. The Company reported revenue of $421.76 million in second quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $451.67 million for third quarter of 2013.  Full Article

Altera Corp Increases Quarterly Dividend
Monday, 3 Jun 2013 08:30am EDT 

Altera Corp announced a 50% increase to its regular quarterly cash dividend. The board of directors has declared a quarterly cash dividend of $0.15 per share, to be paid on September 3, 2013 to shareholders of record on August 12, 2013. The Company's previous quarterly cash dividend had been $0.10 per share.  Full Article

Altera Corp Declares Quarterly Cash Dividend
Thursday, 25 Apr 2013 04:15pm EDT 

Altera Corp announced that the Board of Directors has declared a quarterly cash dividend of $0.10 per share, to be paid on June 3, 2013 to stockholders of record on May 10, 2013.  Full Article

Altera Corp Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
Thursday, 25 Apr 2013 04:15pm EDT 

Altera Corp announced that for second quarter of 2013, it expects sequential sales to be flat to up 4%. The Company reported revenue of $410.5 million in first quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $449 million for second quarter of 2013.  Full Article

Altera Corp and Taiwan Semiconductor Manufacturing Co Ltd Collaborate on 55 nm EmbFlash Process
Monday, 15 Apr 2013 07:00pm EDT 

Altera Corp and Taiwan Semiconductor Manufacturing Co Ltd announced a technology collaboration using TSMC's 55 nm Embedded Flash (EmbFlash) process technology. Programmable devices based on TSMC's 55 nm EmbFlash target a wide range of low-power, high-volume applications in a variety of markets, including automotive and industrial.  Full Article

Altera Corp and Applied Micro Circuits Corp To Cooperate On Joint Solutions For High Growth Data Center Market
Monday, 15 Apr 2013 08:36am EDT 

Altera Corp and Applied Micro Circuits Corp, also known as AppliedMicro, announced they have signed a memorandum of understanding designed to result in the joint development and marketing of optimized solutions for data center applications. The strategic cooperation initiative will enable the two companies to combine advanced Altera FPGAs with silicon solutions from AppliedMicro, including the company's full line of connectivity and ARM 64-bit X-Gene Server on a Chip products. The collaboration will include shared efforts on system solution definition, co-development of reference designs and supporting software development. The resulting designs will combine the robust silicon and software from AppliedMicro with the performance and flexibility advantages of Altera's FPGAs. The strategic cooperation initiative provides for the closely-coupled definition and development of solutions for high throughput data center server, storage and connectivity. Specifically, the companies intend to develop solutions that combine the AppliedMicro ARM 64-bit X-Gene processor offerings and advanced FPGAs from Altera. The combined technologies will facilitate rapid adoption across enterprise networking platforms, next generation data centers and storage.  Full Article

Altera Corp To Acquire Applied Micro Circuits Corp's TPACK
Monday, 15 Apr 2013 08:30am EDT 

Altera Corp announced it has agreed to acquire TPACK, a wholly-owned subsidiary of Applied Micro Circuits Corp. 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 acquisition in 2010 of Avalon Microelectronics, a 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.  Full Article

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Intel widens agreement to manufacture chips for Altera

SAN FRANCISCO - Chipmaker Altera Corp is working with Intel Corp to combine separate components like processors, memory and programmable chips into customized devices in a technique aimed at reducing manufacturing costs and improving performance.

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