%PDF-1.4 %âãÏÓ 1 0 obj << /Type /Catalog /Pages 2 0 R >> endobj 2 0 obj << /Type /Pages /Count 2 /Kids [5 0 R 7 0 R] >> endobj 3 0 obj << /Type /Font /Subtype /Type1 /BaseFont /Helvetica >> endobj 4 0 obj << /Type /Font /Subtype /Type1 /BaseFont /Helvetica-Bold >> endobj 5 0 obj << /Type /Page /Parent 2 0 R /MediaBox [0 0 595.28 841.89] /Resources << /Font << /F1 3 0 R /F2 4 0 R >> >> /Contents 6 0 R >> endobj 6 0 obj << /Length 4962 >> stream BT /F2 22 Tf 0.06 0.08 0.12 rg 1 0 0 1 46 789.89 Tm (Altera Begins US IPO Process With Confidential) Tj ET BT /F2 22 Tf 0.06 0.08 0.12 rg 1 0 0 1 46 762.89 Tm (SEC Filing) Tj ET BT /F2 11 Tf 0.72 0.14 0.18 rg 1 0 0 1 46 725.89 Tm (TechRounder PDF Edition) Tj ET BT /F1 9.5 Tf 0.36 0.39 0.46 rg 1 0 0 1 46 709.89 Tm (Live article: https://www.techrounder.com/news/altera-begins-us-ipo-process-with-confidential-sec-filing/) Tj ET q 0.82 0.85 0.9 RG 1 w 46 691.39 m 549.28 691.39 l S Q BT /F1 10 Tf 0.24 0.27 0.32 rg 1 0 0 1 46 679.39 Tm (By Vipin PG | Published September 16, 2026 | Updated September 16, 2026 | Format: News | 2 min read) Tj ET BT /F2 13 Tf 0.72 0.14 0.18 rg 1 0 0 1 46 656.39 Tm (What happened) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 636.39 Tm (Altera has begun the process for a possible US initial public offering after its parent company) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 621.39 Tm (confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 606.39 Tm (Commission.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 581.39 Tm (Altera has begun the process for a possible US initial public offering after its parent company) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 566.39 Tm (confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 551.39 Tm (Commission.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 529.39 Tm (Altera announced the submission on September 15. The company said it has not decided the number of) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 514.39 Tm (shares, price range or timing. The offering remains subject to SEC review, market conditions and) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 499.39 Tm (other factors.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 471.39 Tm (What Altera filed) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 447.39 Tm (Altera said its parent company submitted the draft registration statement for a proposed public) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 432.39 Tm (offering of common stock. Because the filing is confidential, investors cannot yet review the) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 417.39 Tm (company's full financial statements or offering terms.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 395.39 Tm (A confidential draft lets the SEC review a proposed registration statement before the company makes) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 380.39 Tm (a public filing. The SEC describes this as a nonpublic review route for draft registration statements.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 365.39 Tm (Altera's announcement shows that it is preparing for a listing, while leaving the size and schedule) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 350.39 Tm (open.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 322.39 Tm (What Altera makes) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 298.39 Tm (Altera develops field programmable gate arrays, or FPGAs. These chips can be configured for) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 283.39 Tm (specific workloads after manufacturing, which makes them useful in systems that need flexible) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 268.39 Tm (processing and connectivity. The company supplies programmable solutions for data centers,) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 253.39 Tm (communications networks, industrial systems, aerospace and defense, and other embedded) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 238.39 Tm (applications.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 216.39 Tm (Altera's programmable chips can complement graphics processing units in data centers. Reuters) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 201.39 Tm (reported that they can handle networking, data processing and some AI inference workloads. Altera is) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 186.39 Tm (therefore positioning its products alongside GPUs rather than as a direct replacement for them.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 158.39 Tm (Altera's ownership history) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 134.39 Tm (Intel acquired Altera for about $16.7 billion in 2015. In 2025, Silver Lake bought a 51 percent stake in) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 119.39 Tm (the business for $4.46 billion in a transaction that valued Altera at $8.75 billion. Intel kept the remaining) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 104.39 Tm (49 percent, and Altera became fully standalone last September.) Tj ET q 0.86 0.88 0.92 RG 1 w 46 42 m 549.28 42 l S Q BT /F1 8.4 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 30 Tm (TechRounder | Page 1 of 2) Tj ET BT /F1 7.2 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 19 Tm (https://www.techrounder.com/pdf/blog/altera-begins-us-ipo-process-with-confidential-sec-filing.pdf) Tj ET endstream endobj 7 0 obj << /Type /Page /Parent 2 0 R /MediaBox [0 0 595.28 841.89] /Resources << /Font << /F1 3 0 R /F2 4 0 R >> >> /Contents 8 0 R >> endobj 8 0 obj << /Length 2481 >> stream BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 789.89 Tm (If the IPO proceeds, it could give Silver Lake and Intel a public market for their stakes. Reuters) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 774.89 Tm (reported that the offering could raise more than $2 billion as early as this year, citing people familiar) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 759.89 Tm (with the matter. Altera has not announced an offering size.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 737.89 Tm (Altera's reported financial results include a sharp decline in revenue in 2024, followed by) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 722.89 Tm (management's forecast of growth in 2026. The Daily Upside reported that revenue fell 48 percent to) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 707.89 Tm ($1.5 billion in 2024, Altera's last year inside Intel. CEO Raghib Hussain told Reuters in July that the) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 692.89 Tm (company expected growth in the mid-20 percent range in 2026, while operating income had more than) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 677.89 Tm (doubled.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 649.89 Tm (What happens next) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 625.89 Tm (Altera must continue through the SEC review process before it can publicly set the terms of an) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 610.89 Tm (offering. The company will also need to decide when market conditions are suitable for a listing. Until) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 595.89 Tm (a public registration statement appears, there is no confirmed share count, valuation, price range or) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 580.89 Tm (trading date.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 558.89 Tm (A public filing would give investors more detail about Altera's revenue mix, its data center and) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 543.89 Tm (AI-related business, and its operations after separating from Intel. For now, the company has) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 528.89 Tm (disclosed only that it has started the registration process.) Tj ET q 0.86 0.88 0.92 RG 1 w 46 42 m 549.28 42 l S Q BT /F1 8.4 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 30 Tm (TechRounder | Page 2 of 2) Tj ET BT /F1 7.2 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 19 Tm (https://www.techrounder.com/pdf/blog/altera-begins-us-ipo-process-with-confidential-sec-filing.pdf) Tj ET endstream endobj xref 0 9 0000000000 65535 f 0000000015 00000 n 0000000064 00000 n 0000000127 00000 n 0000000197 00000 n 0000000272 00000 n 0000000414 00000 n 0000005427 00000 n 0000005569 00000 n trailer << /Size 9 /Root 1 0 R >> startxref 8101 %%EOF