Altera has returned to growth, with annual revenue up roughly 20% and operating income more than doubling, as the programmable-chip company builds its independent strategy under chief executive Raghib Hussain and majority owner Silver Lake. The results are consistent with higher demand, but they...
Microsoft announced Tuesday that it will acquire VoIP service Skype for $8.5 billion in cash.
Microsoft will purchase the company from investor group Silver Lake, which—along with Index Ventures, Andreessen Horowitz Ventures, and the Canada Pension Plan (CPP)—acquired a majority stake in Skype...
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