After a month of negotiations, Intel agreed to purchase Altera company for the sum of 16.7 billion US dollars. Altera is the world's second largest manufacturer of programmable logic arrays (FPGA) or other programmable logic devices (PLD).
Intel and Altera several years working together. In 2013 Intel started manufacturing chips on behalf of other companies and Altera was one of them.
The deal should be closed in about 6-9 months.