Altera Corporation today announced that its parent company has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed public offering remains subject to the completion of the SEC review process, as well as market and other conditions.

This press release is being issued pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (“Securities Act”), and does not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.

About Altera

Altera provides high-performance, programmable compute and connectivity solutions that enable the rapid adoption and continued advancement of transformative technologies across a wide range of advanced and AI-enabled systems. Altera is the largest pure-play FPGA provider with a full-spectrum portfolio serving applications ranging from data centers and communications networks to critical embedded systems.

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