Intel in talks to buy Altera: WSJ

27/03/2015 - 20:56

(Reuters) - Chipmaker Intel Corp is in talks to buy Altera Corp , the Wall Street Journal said, citing people familiar with the matter.

Terms of the potential deal and its timing were not known, the Journal said.

Shares of Altera, valued at $10.4 billion at Thursday's close, were up 24.5 percent at $43.16 per share on the Nasdaq on Friday.

(Reporting by Devika Krishna Kumar in Bengaluru; Editing by Joyjeet Das)