July 30, 2014
MENLO PARK, Calif. (AP) - The former chairman of chipmaker Altera Corporation is dead after being hit by a car while he rode his bicycle.
Authorities say 67-year-old Rodney Smith of Portola Valley was riding eastbound along Sand Hill Road on Friday morning when he was hit by a Volvo driven by an 87-year-old Woodside resident.
Smith was declared dead about 20 minutes after the collision. The California Highway Patrol said the cause of the crash was not immediately determined, and it is not clear who was at fault.
Smith had spent 20 years as Altera's chairman before retiring in January 2003. The San Jose-based company makes programmable chips used by various industries.
Smith and his wife, Mary, were also active philanthropists. One of their donations included a one (m) million dollar gift to the Portola Valley Open Space Acquisition Fund in 2000.
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