Intel Corporation


Company Name:
Intel Corporation 
Sector:
Semiconductors & Semiconductor Capital Equipment 
Transaction Type:
Convertible 
Ticker Symbol:
INTC 
Deal Amount:
$7000M
Transaction Date:
7/22/2015 
Transaction Summary:
Intel Corporation (NASDAQ: INTC) issued $7.0 billion principal amount of Convertible Senior Unsecured Notes to finance part of its $16.7 billion takeover of Altera Corp. Needham & Company acted as a co-manager for this transaction.  
Company Description:
Intel Corporation (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Headquartered in Santa Clara, Calif., Intel today has more than 100,000 employees in 63 countries and serves customers in more than 120 countries. Intel today designs and manufactures a variety of essential technologies, including microprocessors and chipsets and the additional hardware, software, and related services that together serve as the foundation for many of the world’s computing devices. Over the last decade, Intel has evolved from a company that largely serves the PC industry, to a company that increasingly provides the vital intelligence inside all things computing. In fact, one-third of Intel's revenue is associated with products beyond the PC. Hardware and software products by Intel and subsidiaries such as McAfee, power the majority of the world’s data centers, connect hundreds of millions of cellular handsets and help secure and protect computers, mobile devices and corporate and government IT systems. Intel technologies are also inside intelligent systems, such as in automobiles, automated factories and medical devices.  
Investment Banking