Intel and FPGA maker Altera have been working together for some time. The two firms collaborated on an Atom processor with an embedded FPGA back in 2010, and a few years later, Altera inked a deal to have some of its chips fabbed on Intel's 14-nm processs. Now, the Wall Street Journal is reporting that Intel is considering buying Altera outright.
"People familiar with the matter" tell the WSJ that the acquisition talks have reached the "advanced" stage. There's no word on the price tag, but Altera is one of the biggest FPGA makers in the world, so it won't be cheap. The company has a market capitalization of about $12 billion right now.
Purchasing Altera would give Intel a substantial presence in new markets, like automobiles and networking infrastructure. It's unclear how much of Altera's tech would be applicable to Intel's traditional turf, though.