It was a ten-year bet, but they spent the first several years actively sabotaging Altera by trying to move their whole product stack over to non-functional Intel fabs.

...and the majority of their internal development systems they used for all their chip design and layout.

Doesn't purchase by a PE company pretty much guarantee the death of it? At least the selling off of the most profitable parts and pieces? Has there ever been a story of a PE purchase and the company grew under the new owner?

PE’s buy companies to increase the company’s value then sell it. There’s been many successes. Powerschool, Hilton, Dunkin’ Brands, Dollar General, Beats by Dre, Petco, GoDaddy, BJ’s Wholesale Club, Neiman Marcus, Panera Bread, Allegro, Guitar Center, Nielsen, McAfee…

Most of these have very serious issues, especially with regards to labor violations and general treatment of employees.

> McAfee

I wouldn't call that a roaring success. Funnily enough, Intel played a major role in running McAfee into the ground.

With proper leadership, McAfee could've ended up in the position CrowdStrike is now.

Trying not to piss off the Chinese government, and in particular its intelligence services (in order to sell chips) is unfortunately not a good model for an antimalware business.

Silver Lake took Dell private.