---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-25-000063"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:36:38.509599+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Intel sells 51% of Altera to Silver Lake at $8.75B enterprise value; net proceeds ~$4.4B

## Summary
- Silver Lake affiliate to buy 51% of Altera for implied $8.75B enterprise value; net cash proceeds to Intel expected ~$4.4B.
- $1B of proceeds deferred: $500M due Dec 31, 2026, $500M due Dec 31, 2027; no contingencies.
- Intel retains 49% stake; board with 2 Intel directors, 3 Silver Lake directors, plus CEO; Silver Lake has voting majority.
- Intel to continue wafer manufacturing for Altera under Foundry Agreement through 2040; if Intel discontinues 10nm wafers before 2031, Intel pays $2.25B penalty.
- Transaction expected to close by Aug 12, 2025, subject to regulatory approvals and other conditions.

## SEC filing metadata
- accession: 0000050863-25-000063
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086325000063/0000050863-25-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086325000063/intc-20250414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-25-000063
- JSON: https://secwatch.observer/filing/0000050863-25-000063.json
- Plain text: https://secwatch.observer/filing/0000050863-25-000063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.