Altera

San Jose, United States Founded: 1983 • Age: 43 yrs Acquired By Silver Lake
Programmable logic devices and reconfigurable digital circuits are manufactured.
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About Altera

Altera is a company based in San Jose (United States) founded in 1983 was acquired by Silver Lake in April 2025. It operates as a Direct-to-Consumer (D2C), and B2B2C. Altera has completed 1 acquisition, including Enpirion. Altera offers products and services including Agilex FPGAs, Quartus Prime Software, and Nios V Processor. Altera operates in a competitive market with competitors including Xilinx, Achronix, QuickLogic, EFinix and Lattice Semiconductor, among others.

  • Headquarter San Jose, United States
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Altera Corporation
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $37.15 K (USD), Grant

    Nov 01, 2022

  • Investors
    Intel

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Silver Lake

    & 1 more

    (Apr 14, 2025)

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Products & Services of Altera

Altera offers a comprehensive portfolio of products and services, including Agilex FPGAs, Quartus Prime Software, and Nios V Processor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-performance FPGAs are offered for various applications.

Design software is provided for FPGA development tasks.

Embedded processor solutions are designed for FPGA integration.

People of Altera
Headcount 500-1000
Employee Profiles 37
Employee Profiles
People
Esteban Valverde
Embedded Systems FPGA Engineer
People
Susan Karlovich
Chief Of Staff To The CRO
People
Kit Hoang
Head of Business Acceleration
People
Raghib Hussain
Chief Executive Officer

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Funding Insights of Altera

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $37,150
  • First Round

    (01 Mar 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2022 Amount Grant - Altera Valuation

investors

Mar, 2021 Amount Grant - Altera Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Altera

Altera has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Intel, European Union and Silver Lake. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology investing and private equity firm focused on partnerships.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Semiconductor ICs and microprocessors are designed and manufactured.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Altera

Altera has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Enpirion. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Power Management ICs for consumer electronics
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Altera

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Altera Comparisons

Employees
+
Add Comparison
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Competitors of Altera

Altera operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xilinx, Achronix, QuickLogic, EFinix and Lattice Semiconductor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Programmable logic devices and embedded solutions are provided.
domain founded_year HQ Location
AI-based field-programmable gate arrays and IPs are manufactured.
domain founded_year HQ Location
Low-power field programmable gate arrays are designed and developed.
domain founded_year HQ Location
Programmable logic cores are provided to silicon companies by EFinix.
domain founded_year HQ Location
AI-enabled field-programmable gate array devices are developed and supplied.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Altera

Frequently Asked Questions about Altera

When was Altera founded?

Altera was founded in 1983 and raised its 1st funding round 38 years after it was founded.

Where is Altera located?

Altera is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Who is the current CEO of Altera?

Brian M. Krzanich is the current CEO of Altera.

What does Altera do?

Altera is established as a major supplier of field-programmable gate arrays (FPGAs) and system-on-chip (SoC) solutions. The companys products are utilized across diverse industries including AI, broadcast, consumer electronics, financial services, industrial, medical, military, aerospace, government, transportation, and telecommunications. Comprehensive portfolios of power and cost-optimized FPGAs and SoCs are offered, supported by advanced no-cost software tools like Quartus Prime. Solutions are tailored for high-performance computing, edge-to-cloud applications, and next-generation wireline networks, ensuring flexibility, scalability, and security for modern technological demands.

Who are the top competitors of Altera?

Altera's top competitors include Xilinx, Achronix and Lattice Semiconductor.

What products or services does Altera offer?

Altera offers Agilex FPGAs, Quartus Prime Software, and Nios V Processor.

How many acquisitions has Altera made?

Altera has made 1 acquisition, including Enpirion.

Who are Altera's investors?

Altera has 3 investors. Key investors include Intel, European Union, and Silver Lake.

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