ALTERA SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Altera Corporation (ALTR) Over the Fairness of the Proposed Sale of the Company to Intel Corporation in a Cash Deal

NEW YORK--()--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Altera Corp. ("Altera" or the "Company") (NasdaqGS: ALTR) for potential breaches of fiduciary duties in connection with the sale of the Company to Intel Corporation (NasdaqGS: INTC) in a deal valued at approximately $16.7 billion. The Company's stockholders will only receive $54 per share in cash in exchange for each share of Altera common stock they own.

Click here for more information: www.faruqilaw.com/ALTR. There is no cost or obligation to you.

The investigation focuses on whether Altera’s Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Altera’s shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Altera and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/ALTR or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Contact:

Faruqi & Faruqi, LLP

369 Lexington Avenue, 10th Floor

New York, NY 10017

Attn: Juan E. Monteverde, Esq.

jmonteverde@faruqilaw.com

Toll Free: (877) 247-4292

Phone: (212) 983-9330

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Contacts

Faruqi & Faruqi, LLP
Juan E. Monteverde, Esq.
(877) 247-4292 or (212) 983-9330
jmonteverde@faruqilaw.com

Contacts

Faruqi & Faruqi, LLP
Juan E. Monteverde, Esq.
(877) 247-4292 or (212) 983-9330
jmonteverde@faruqilaw.com