Since the invention of the world's first programmable logic device 20 years ago, Altera Corporation (Altera) (NASDAQ: ALTR) has embraced the tradition of innovation and is the world's "Programmable Silicon System" (SOPC) solution advocacy By. Combining programmable logic technology, intellectual property (IP) and technical services with software tools, Altera provides high quality programmable solutions to more than 14,000 customers worldwide. Our new product line combines the inherent strengths of programmable logic—flexibility, time-to-market—and more advanced performance and integration—designed to meet today's wide-area system needs. In December 2015, Intel acquired Altera Corporation for $16.7 billion.