Abu Dhabi’s MGX Joins Silver Lake in Bold Bet on Chip Future

Abu Dhabi–based investment firm MGX has emerged as a co-investor alongside U.S. private equity titan Silver Lake in a high-stakes deal to acquire a majority stake in Altera, a programmable chip business previously fully owned by Intel. The transaction values Altera at approximately US$8.75 billion, with Silver Lake taking a 51 % equity stake for … Continue reading Abu Dhabi’s MGX Joins Silver Lake in Bold Bet on Chip Future