Altera Corporation

Altera Corporation was a manufacturer of programmable logic devices (PLDs) headquartered in San Jose, California. It was founded in 1983 and acquired by Intel in 2015. The main product lines from Altera were the flagship Stratix series, mid-range Arria series,and lower-cost Cyclone series system on a chip field-programmable gate arrays (FPGAs); the MAX series complex programmable logic device and non-volatile FPGAs; Quartus design software;and Enpirion PowerSoC DC-DC power solutions. On December 28, 2015, the company was acquired by Intel and became the newly formed business unit called Programmable Solutions Group (PSG).In October 2023, Intel announced it would be spinning off PSG into a separate company at the start of 2024, while maintaining majority ownership and intending to seek an IPO within three years.