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Silver Lake and Intel-backed Altera plans IPO that could raise $2 billion+

Silver Lake and Intel-backed chipmaker Altera are preparing for an initial public offering as early as this year that could raise more than $2 billion. Barclays, Citi, JPMorgan and Morgan Stanley have been hired as underwriters,

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Altera, backed by Silver Lake and Intel, is preparing an initial public offering as early as this year that could raise more than $2 billion. Silver Lake has hired Barclays, Citi, JPMorgan and Morgan Stanley as underwriters for the IPO, according to the Reuters report.