---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-079727"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2025-04-14T23:59:59+00:00"
generated_at: "2026-05-23T15:49:54.702025+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Intel sells 51% of Altera to Silver Lake at $8.75B; Raghib Hussain named Altera CEO

## Summary
- Silver Lake to acquire 51% controlling stake; Intel retains 49%.
- Altera valued at $8.75B; transaction expected to close H2 2025.
- Raghib Hussain appointed Altera CEO effective May 5, 2025; succeeds Sandra Rivera.
- Altera FY2024 revenue $1.54B; GAAP operating loss $615M; non-GAAP operating income $35M.
- Intel expects to deconsolidate Altera after close; cites sharper focus and stronger balance sheet.

## SEC filing metadata
- accession: 0001193125-25-079727
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2025-04-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000119312525079727/0001193125-25-079727-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000119312525079727/d901587d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-079727
- JSON: https://secwatch.observer/filing/0001193125-25-079727.json
- Plain text: https://secwatch.observer/filing/0001193125-25-079727.txt

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