Altera Corp Yahoo Finance
Altera Corporation, a name once synonymous with programmable logic devices (PLDs) and a fierce competitor in the semiconductor industry, is no longer a publicly traded company under that name. Its journey and eventual acquisition by Intel are a significant event in the technology landscape and worth understanding, particularly considering its past presence on Yahoo Finance and its impact on investors.
Before being acquired, Altera (then traded under the ticker symbol ALTR) was regularly tracked on Yahoo Finance, providing investors with real-time stock quotes, historical data, financial statements, news articles, and analyst ratings. This allowed both institutional and retail investors to make informed decisions regarding their investment in the company. The information available on Yahoo Finance played a vital role in assessing Altera's financial health, growth potential, and competitive positioning within the semiconductor market.
Altera's core business revolved around designing and manufacturing PLDs, specifically field-programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). These chips offered customers the flexibility to configure the hardware to suit their specific application requirements. This adaptability made Altera's products highly sought after in various industries, including telecommunications, automotive, industrial automation, and data centers. The company's financial performance, as reflected on Yahoo Finance, was often driven by demand from these sectors.
The company's revenue, profits, and earnings per share (EPS), all diligently reported on Yahoo Finance, were closely watched by investors. Factors influencing these metrics included new product launches, market share gains, and overall economic conditions. Analysts' ratings, also readily available on Yahoo Finance, provided insights into Wall Street's expectations for Altera's future performance. These ratings often influenced investor sentiment and trading activity.
However, the independent journey of Altera came to an end in 2015 when Intel announced its acquisition of the company for approximately $16.7 billion. This acquisition significantly altered the competitive landscape in the semiconductor industry. For Intel, acquiring Altera provided access to its FPGA technology, allowing them to integrate programmable logic capabilities into their processors and expand their reach into new markets, particularly in the rapidly growing data center segment.
Following the completion of the acquisition, Altera ceased to exist as a separate publicly traded entity. Consequently, its stock ticker symbol (ALTR) was delisted from exchanges, and its financial data was no longer independently reported on platforms like Yahoo Finance. Instead, Altera's financial performance became integrated into Intel's overall results.
Today, Altera's FPGA technology remains a key part of Intel's portfolio, known as the Programmable Solutions Group (PSG). While investors can no longer track Altera's stock performance directly on Yahoo Finance, understanding Altera's history and its impact on the semiconductor market provides valuable context when evaluating Intel's current strategy and competitive position. The past data available on Yahoo Finance serves as a historical record of Altera's performance and its contribution to the evolution of programmable logic technology. Its legacy continues within Intel, shaping the future of computing and data processing.