Altera Corp.


Altera Corp., based in San Jose, Calif., is a semiconductor company specializing in reprogrammable logic devices, a technology it invented in 1984. It also designs embedded processors and provides customers with chip-software development tools. The company licenses its semiconductor reference designs and other intellectural property.

In 2009, Altera Corp. was named the Best Managed Company in the semiconductors category by That same year, in the midst of the global economic downturn, the chipmaker laid off 87 employees, or less than 3% of its work force.

The Semiconductor Industry Association elected Altera CEO John Daane as its chairman for 2010. In 2009, Yahoo Inc. hired away Altera CFO Tim Morse after he spent just two years at the company.


Altera encourages employees to get involved with its Volunteer Action Program, which includes time off for walk-a-thons and other community service projects. The company provides support to organizations including the American Cancer Society, American Red Cross, Habitat for Humanity and Second Harvest Food Bank.


Altera has an unusually proactive human-resources department. The employee relations manager usually suggests teamwork-building skills to team leaders. The culture is built on communication, with HR managers encouraging managers to talk with their employees, according to HR Magazine.

Facts & Resources

Employees:   2,600
Stock Quote   ALTR
Company Site:
Career Site:   Careers


Subsidiaries & Divisions

  • TimeLab Corp.
  • BOPS Inc.
  • Northwest Logic Inc.
  • DesignPro Inc.


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