Intel Corp. is in talks to acquire Altera Corp., people with knowledge of the matter said, as the world’s largest chipmaker searches for growth beyond a moribund personal-computer market.

Altera makes a broad range of low-power programmable semiconductors, which are used in small embedded devices and computer servers for big data centers.

In buying Altera, Intel could expand into markets for automotive, industrial and communication applications, while cementing its lead in data centers.

Fun thing that here we see Intel saving Altera, as FPGA companies always want latest and best manufacturing process available. Merger could allow to reduce expenses and make excuse for very low prices that will be offered for such manufacturing (amid exponentially rising development and manufacturing costs).