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805 Abu Dhabi’s MGX Backs Intel Spinoff Altera

The Information
Miles Kruppa @ The Information · 09/16/2025 20:22 EDT

Abu Dhabi’s MGX Backs Intel Spinoff Altera

MGX, the United Arab Emirates-backed fund, will join Silver Lake in purchasing a 51% stake in Altera, a programmable chip business spinning out of Intel, the fund said Tuesday. Altera is MGX’s first investment in a chip business since the UAE started the fund last year with about $100 ...

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