COMPANY NEWS: Altera, an Intel company, today unveiled an array of FPGA hardware, software and development tools that make its programmable solutions more accessible across a broader range of use cases and markets. At its annual developer’s conference, Altera revealed new details on its next-generation, power- and cost-optimized Agilex 3 FPGAs and announced new development kits and software support for its Agilex 5 FPGAs.
Tech firms, and to a lesser extent telcos, around the world collectively spent over US31 billion in investments in IoT-related start-ups in five years to the end of 2015, with Intel out front with its massive US$16.7 billion acquisition of chipset maker Altera.
Intel has shored up its growth strategies by buying rival chipmaker Altera as it looks to expand into new market segments, primarily the burgeoning Internet of Things (IoT) market.
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