Altera Corporation (ALTR)

Altera Corporation, a semiconductor company, designs and sells programmable logic devices (PLDs), HardCopy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and associated development tools. The company offers PLDs, which consist of field-programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs), which are standard semiconductor integrated circuits or chips to perform logic functions in electronic systems; and PowerSoCs, which simplify and drive the miniaturization of power circuitry in the electronic systems. It also provides HardCopy ASIC devices that offer customers a migration path from a PLD to high-volume, non-programmable implementation of their designs, and configuration devices that store the programming code for FPGAs. In addition, the company's products include Stratix series high-end, system-level FPGAs and SoC FPGAs; Arria series mid-range FPGAs and SoC FPGAs; Cyclone series FPGAs and SoC FPGAs; MAX series devices; and Enpirion PowerSoCs. Further, it provides intellectual property cores, which are pre-verified building blocks that execute system-level functions, and development tools primarily consisting of the Quartus II software for design entry, design compilation, design verification, and device programming. The company serves various customers in the telecom and wireless, industrial automation, military and automotive, networking, computer and storage, and other vertical markets. It markets its products in the Americas, the Asia Pacific, Europe, the Middle East, Africa, Japan, and internationally through a network of distributors, independent sales representatives, and direct sales personnel. Altera Corporation was founded in 1983 and is headquartered in San Jose, California. As of December 28, 2015, Altera Corporation operates as a subsidiary of Intel Corporation.