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AMD Acquisition of ATI Official
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Posted by Donster on: 2006-07-24 14:30:21 522
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By Don Miller @ Combatsim.com
No longer a rumor, today it has become official: AMD is acquiring Canadian graphics chipset manufacturer ATI for $5.4 billion.
"AMD today announced plans to join forces in a transaction valued at approximately $5.4 billion. The combination will create a processing powerhouse by bringing AMDs technology leadership in microprocessors together with ATIs strengths in graphics, chipsets and consumer electronics. The result: A new and more formidable company, determined to drive growth, innovation and choice for its customers, particularly in the commercial and mobile computing segments and in the rapidly-growing consumer electronics market. Combining technologies, people, and complementary strengths, AMD plans to deliver in 2007 customer-centric platforms for the benefit of customers who want to collaborate in the development of differentiated solutions."
AMD PRESS RELEASE
AMD & ATI PAGE on ATI WEBSITE
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News Source: Email
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