Altera Corporation – Company Information

Altera Corporation is a US global semiconductor company. It manufactures complex programmable logic devices (CPLDs), field-programmable gate arrays (FPGAs), SoCs with embedded processor systems, embedded processors, and other high-value programmable solutions.

It is based in San Jose, California.

The company, which now has around 3,091 employees in more than 20 countries, was founded in 1983.

Altera went public in 1988 and currently trades on the NASDAQ Global Market under the stock ticker symbol ‘ALTR’.

Its flagship products include: the Stratix, Arria and Cyclone series FPGAs; the Quartus II design software; the MAX series CPLDs; and the HardCopy series ASICs.

The company has over 12,600 customers within the Telecom and Wireless, Industrial Automation, Military and Automotive, Networking, Computer and Storage, and other vertical markets (vertical markets refers to specialized or niche markets).

Altera has strong partnerships with industry-leading technology suppliers, including foundry partners Intel and Taiwan Semiconductor Manufacturing Company (TSMC).

Its main competitors are Xilinx – FPGA founder and market-share leader – and Lattice Semiconductor.

According to Altera, its main focus is on “the development and deployment of leading-edge programmable technology that provides maximum value to customers.”


altera corporation logo

  • Chairman, President, and CEO: John P. Daane
  • Industry: Integrated Circuits
  • Type: Public company
  • Listed on NASDAQ
  • NYSE stock symbol: ALTR
  • S&P 500 Component
  • Formed: 1983
  • Net sales: $1.932 billion USD (2014)
  • Net income: $472.658 million USD (2014)
  • Earnings per share: $1.53 USD (2014)
  • Company head office: 101 Innovation Drive, San Jose, California 95134, USA
  • Employees: 3,091 (2014)
  • Website:
  • Investor relations number: 408-544-7000
  • Investor relations email: [email protected]
  • 10 R&D facilities

Altera Corporation Financial Results, Years Ended December 31

Operating data (in $ thousands) 2014 2013
Net sales $1,932,089 $1,732,572
Cost of sales $648,451 $546,736
Gross margin $1,283,638 $1,185,836
Research and development expense $418,140 $385,185
Selling, general, and administrative expense $312,249 $320,068
Income before income taxes $524,027 $470,828
Income tax expense $51,369 $30,763
Net income $472,658 $440,065
Comprehensive income $510,265 $406,511
Balance sheet data (in $ thousands)
Total assets $5,674,226 $5,995,648
Total liabilities $2,388,400 $2,483,581
Total stockholders’ equity $3,285,826 $3,512,067
Common share data (in $)
Basic earnings per share $1.53 $1.37
Diluted earnings per share $1.52 $1.36
Cash flow data (in $ thousands)
Net cash provided by operating activities $666,215 $590,208
Net cash used for investing activities $(271,393) $(1,236,512)
Net cash provided by (used for) financing activities $(837,613) $638,835
Cash and cash equivalents at beginning of year $2,869,158 $2,876,627
Cash and cash equivalents at end of year $2,426,367 $2,869,158

Source: “Altera Corporation Form 10-K 2014”