Yesterday Intel has announced that they are buying Altera in an all-cash deal of $16.7 billion in what was its biggest takeover move in its history.
We said that this would happen and no one believed us
They said it could not happen, it nearly didn't, but we have it on good authority that Intel is going to announce that it is buying Altera for $17 billion today.
Off and on is on
While celebrity chipmakers Intel and Altera have denied that they are getting together, paparazzi are reporting that they have been seen at all the romantic venues gazing into each other's eyes and having serious talks.
Do stop mucking about
Several key Alteria shareholders have forced the company back to the negotiating table to discuss the merger with Intel.
Or Wall Street will kick it to death
While there are some that do not believe that Intel will have to press ahead with its rumoured buy out of rival Altera, there are signs that it might not have a choice.
Shares in Chipzilla have surged after the news leaked that it is trying to buy fellow chipmaker Altera for a cool $10 billion.
Could wedding bells be on the cards?