Intel to secure EU okay for $16.7 billion Altera deal: sources

By Foo Yun Chee BRUSSELS (Reuters) - U.S. chipmaker Intel Corp is set to get the go-ahead from EU antitrust regulators for its $16.7 billion offer for Altera Corp, its largest ever deal, two people familiar with the matter said on Friday. The world No. 1 chipmaker is looking to Altera to reinforce its portfolio of higher-margin chips used in data centers and to focus on chips for cars, watches and other devices in a future "Internet of Things". The European Commission will clear the deal without