Lattice Semi, PE firms competing for Intel’s Altera unit, Bloomberg says

Intel (INTC) has shortlisted a number of private equity firms for the next round of bidding for its Altera unit, people familiar with the matter told Bloomberg’s Ryan Gould and Liana Baker. Francisco Partners and Silver Lake Management are competing alongside Lattice Semiconductor (LSCC) in a second round, while Apollo Global Management (APO) and Bain Capital are also pursuing Altera, which specializes in the design of low-power programmable chips, the report said.