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 113 active competitors, including 22 funded and 15 that have exited. Its top competitors include companies like Efficient Computer, EFinix and Gowin 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/
- 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 113 active competitors
Employee Count
2,162 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Silver Lake (Apr 14, 2025)
Legal entities associated with Altera
Altera is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
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 3 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 | 2899339 | Grant (prize money) | 5931597 | 7741667 | 2287670 | 5145276 |
Mar 01, 2021 | 5670728 | Grant (prize money) | 3515993 | 9097684 | 4125968 |
View details of Altera's funding rounds and investors
Altera's founders and board of directors
Founder? Claim ProfileAltera's employee count trend
Altera has 2,162 employees as of Jul 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 Efficient Computer, EFinix and Gowin 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 | - | 63/100 | |
2nd | Efficient Computer 2022, Pittsburgh (United States), Series A | Programmable processor architecture for computers | $76.2M | 62/100 | |
3rd | EFinix 2012, Santa Clara (United States), Series A | Provider of programmable logic cores | $9.75M | 62/100 | |
4th | Gowin Semiconductor 2014, Guangzhou (China), Series B | Provider of FPGA devices, design tools, IP cores, and development kits | $132M | - | 61/100 |
5th | Xilinx 1984, San Jose (United States), Acquired | Provider of processors, graphics, adaptive SoCs, FPGAs, software, and tools | - | 58/100 | |
6th | Lattice Semiconductor 1983, Portland (United States), Public | Manufacturer of low power field programmable gate arrays and software | - | 58/100 | |
7th | NanoXplore 2010, Bievres (France), Series B | Fabless semiconductor company which develops IP solutions for embedded FPGA | $23.5M | 56/100 | |
8th | SP Devices 2004, Linkoping (Sweden), Acquired | Signal processing solutions for communication industry | $3.89M | 54/100 | |
9th | Achronix 2004, Santa Clara (United States), Series C | Manufacturer of AI-based field-programmable gate arrays and IPs | $132M | 52/100 | |
10th | QuickLogic 1988, Sunnyvale (United States), Public | Developer of low power field programmable gate arrays | - | 50/100 |
Looking for more details on Altera's competitors? Click here to see the top ones
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) |
Reports related to Altera
Here is the latest report on Altera's geography:
News related to Altera
Media has covered Altera for a total of 28 events in the last 1 year, 14 of them have been about company updates and 3 about partnerships.
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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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Mouser Electronics Distributes Altera's Latest AI and Edge Technologies, Including Agilex FPGAs and SoCsRoboticstomorrow•Jun 11, 2026•Mouser, Altera
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Altera Launches Next-Generation Agilex 9 Direct RF-Series SoC FPGA for High-Performance RF SystemsMicrowave Journal•Jun 09, 2026•Altera, Mouser
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Altera Expands Partner Ecosystem for Agilex 9 Direct RF Series FPGAsBusiness Wire•Jun 01, 2026•Vadatech, Altera, Mercury Systems
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Altera Extends Lifecycle Support for Several FPGA Families Through 2045Business Wire•Apr 09, 2026•Altera
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Sumo Digital Partners With Arm To Explore AI-Powered Graphics For Mobile GamesPocket Gamer•Mar 10, 2026•Arm, , Altera
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