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Altera Corporation


Self Description

December 2006: "Altera Corporation (www.altera.com) is the world's pioneer of system-on-a-programmable-chip (SOPC) solutions. With annual revenues in CY 2005 of $1.12 billion, Altera combines the reprogrammable logic technology originally invented in 1983 with software tools, intellectual property (IP), and design services to provide high-value programmable solutions to approximately 14,000 customers worldwide. Altera is headquartered in San Jose, California, and employs approximately 2,300 people in 14 countries."

http://www.altera.com/corporate/about_us/abt-index.html

Third-Party Descriptions

December 2006: "during the options backdating scandals, companies such as UnitedHealth Group, Altera, CNet Networks and Affiliated Computer Services have tried to complete internal investigations before opening their books to outsiders. Such resistance is understandable, some say."

http://www.nytimes.com/2006/12/10/business/yourmoney/10rent.html

Relationships

RoleNameTypeLast Updated
Opponent (past or present) Securities and Exchange Commission (SEC) Organization Dec 11, 2006

Articles and Resources

Date Fairness.com Resource Read it at:
Dec 10, 2006 Poisoned by Scandal, Craving an Antidote

QUOTE: hundreds of executives are anxiously discussing how hard they should look for evidence of options backdating or other accounting problems. At companies where far lesser frauds or malfeasance emerge, executives face an even more ticklish quandary: Should they reveal everything, and then confront the hazards of bad publicity and outside investigations, or clean things up and hope that the problems will evaporate unnoticed? Rent-Way’s own journey, which came to a head last month, offers a chilling lesson: Even the most virtuous decisions have unforeseen, often damaging, consequences, and full disclosure may create as many problems as it solves.

 New York Times