Acquiring Altera Can Help Intel Retain Its Leadership In The High-Margin Data Center Business

The persistent decline in PC shipments, its late entry in the mobile market, and increasing investment in building out its technology have all impacted Intel?s growth in the last few years, constraining revenue growth as well as its bottom line. By acquiring Altera, Intel hopes to further diversify its addressed markets, expand its line-up of higher-margin chips used in data centers, and reduce its dependence on the shrinking PC market. Like most other chipmakers, Intel aims to contend with grow...