Earlier discussions on a deal fell through as
the companies were unable to agree on a price, Reuters reported
in April.
Altera's shares jumped 7 percent to $47.50 in premarket trading
on Monday, while Intel's shares were up slightly at $33.15.
One way or the other, an outcome is expected in a few weeks, the
newspaper said, citing a person familiar with the matter.
Intel and Altera could not immediately be reached for comment.
Deal talks between the two companies first surfaced in March and
media reports suggested that a potential deal could top $10
billion, making it Intel's biggest acquisition ever.
(Reporting by Devika Krishna Kumar in Bengaluru; Editing by
Kirti Pandey)
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