Intel's Altera spinout launches FPGA products, software

Altera – Intel’s standalone company focused on FPGA hardware – introduced an array of FPGA hardware, software, and services at its annual developer conference.

Nine months ago, Intel spun out Altera as a separate company with its own balance sheet and its own CEO: Sandra Rivera, a longtime Intel executive. In announcing the new Agilex products, Rivera reflected on the last nine months of progress. Much of the effort has been spent decoupling business functions from Intel, such as accounting, HR, corporate, legal, and other operations.

“Our goal is to be the number one FPGA solutions provider in the world. It’s a big, audacious, ambitious goal, but it’s the right goal for us, since we’re the only company left in the world that is top to bottom, cloud to edge,” she said on a conference call with journalists.