Altera Updates Third Quarter Revenue Guidance

SAN JOSE, Calif., Sept. 4, 2012  -- Altera Corporation (NASDAQ: ALTR) today announced updated third quarter 2012 revenue guidance.

Sequential revenue growth for the third quarter is expected to be in line with the company's previous guidance for growth of two percent to six percent from the second quarter levels. The company's new products will be the growth drivers for the quarter with sales of both 40nm and 28nm products up substantially.

Third quarter results will be released after the market close on October 23, 2012.

About Altera

Altera programmable solutions enable system and semiconductor companies to rapidly and cost-effectively innovate, differentiate and win in their markets. Find out more about Altera's FPGA, CPLD and ASIC devices at www.altera.com.