Altera - About the company
Altera is an acquired company based in San Jose (United States), founded in 1983. It operates as a Provider of programmable solutions including FPGAs, CPLDs, intellectual property and development tools. Altera has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 123 active competitors, including 22 funded and 15 that have exited. Its top competitors include companies like EFinix, Efficient Computer and Lattice Semiconductor.
Company Details
Provider of programmable solutions including FPGAs, CPLDs, intellectual property and development tools. The company offers a portfolio of products designed for applications from cloud to edge. These products provide flexibility to accelerate innovation. Offerings include development software, kits, system on modules, and smart network interface cards.
- Website
- www.altera.com/
- Social
- Registered Address
- 872D1 HAL 3 Stage Michael, Palya Road, Indiranagar, New Thippasandra, Bangalore, Bangalore North, Karnataka, India, 560075
Key Metrics
Founded Year
1983
Location
San Jose, United States
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Apr 14, 2025
Investors
Ranked
1st among 123 active competitors
Annual Revenue
$1B+ as on Dec 31, 2014
Employee Count
2,255 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Silver Lake (Apr 14, 2025)
Legal entities associated with Altera
Altera is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Altera Corp CIN: 768251 , United States, Active | Nov 08, 2023 | $1B+ (As on Dec 31, 2014) | - | - |
ALTERA SEMICONDUCTOR TECHNOLOGY (INDIA) PRIVATE LIMITED CIN: U26103KA2023FTC179136 , India, Active | Sep 26, 2023 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - |
Altera's acquisition details
Altera got acquired by Silver Lake on Apr 14, 2025 at an acquisition amount of $*****.
Click here to take a look at Altera's acquisition in detail
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Altera's funding and investors
Altera has raised funding over 2 rounds. Its first funding round was on Mar 01, 2021. Its latest funding round was a Grant (prize money) round on Nov 01, 2022 for $*****. 1 investor participated in its latest round. Altera has 4 institutional investors.
Here is the list of recent funding rounds of Altera:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 01, 2022 | 7012834 | Grant (prize money) | 9958775 | 9893161 | 8383405 | 4002623 |
Mar 01, 2021 | 2063257 | Grant (prize money) | 4770111 | 7245753 | 4096556 |
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Altera's founders and board of directors
Founder? Claim ProfileAltera's employee count trend
Altera has 2,255 employees as of Sep 26. Here is Altera's employee count trend over the years:
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Altera's Competitors and alternates
Top competitors of Altera include EFinix, Efficient Computer and Lattice Semiconductor. Here is the list of Top 10 competitors of Altera, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Altera 1983, San Jose (United States), Acquired | Provider of programmable solutions including FPGAs, CPLDs, intellectual property and development tools | - | 67/100 | |
2nd | EFinix 2012, Santa Clara (United States), Series A | Provider of programmable logic cores | $9.75M | 64/100 | |
3rd |  Efficient Computer 2022, Pittsburgh (United States), Series B | Programmable processor architecture for computers | $173M | 64/100 | |
4th | Lattice Semiconductor 1983, Portland (United States), Public | Manufacturer of low power field programmable gate arrays and software | - | 63/100 | |
5th | Gowin Semiconductor 2014, Guangzhou (China), Series B | Provider of FPGA devices, design tools, IP cores, and development kits | $132M | - | 63/100 |
6th | Achronix 2004, Santa Clara (United States), Series C | Manufacturer of AI-based field-programmable gate arrays and IPs | $132M | 58/100 | |
7th | NanoXplore 2010, Bievres (France), Series B | Fabless semiconductor company which develops IP solutions for embedded FPGA | $23.5M | 56/100 | |
8th | Xilinx 1984, San Jose (United States), Acquired | Provider of processors, graphics, adaptive SoCs, FPGAs, software, and tools | - | 54/100 | |
9th |  NanoBridge Semiconductor 2019, Tsukuba (Japan), Series A | Developer of semiconductor technology delivering information and communication technology applications | $2.19M | 48/100 | |
10th | QuickLogic 1988, Sunnyvale (United States), Public | Developer of low power field programmable gate arrays | - | 48/100 |
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Altera's Investments and acquisitions
Altera has made 2 investments in Lime Micro and Tensilica and acquired Enpirion.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 16, 2014 | Investments | 2005 | Guildford (United Kingdom) | |
May 07, 2013 | Acquisition | 2001 | Bridgewater (United States) | |
Jul 23, 1999 | Investments | 1997 | Santa Clara (United States) |
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Here is the latest report on Altera's sector:
News related to Altera
Filter this listMedia has covered Altera for a total of 25 events in the last 1 year, 17 of them have been about company updates and 3 about partnerships.
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Altera Announces Agilex 2X, a Complete FPGA & SoC Portfolio Built for the Future of Intelligent SystemsBusiness Wire•Oct 28, 2026•Altera
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Altera unveils Agilex 2X, betting on AI developers to expand programmable computingSiliconAngle•Oct 28, 2026•Altera
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Altera and Rutronik Sign Strategic Distribution Agreement for FPGA Portfolio Expansion in EuropeEvertiq•Oct 06, 2026•Altera, Rutronik
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Altera, Intel-backed chipmaker, plans $2 billion IPO to return to public marketsElectronicsforyou•Sep 11, 2026•Altera
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Altera Launches Innovators Day Event Series to Help Developers Build Intelligent, Secure SystemsBusiness Wire•Jul 29, 2026•Altera
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