AMD (NYSE: AMD) and ATI (TSX: ATY, NASDAQ: ATYT) today (7/24/06) announced plans to join forces in a transaction valued at approximately $5.4 billion. The combination will create a processing powerhouse by bringing AMD’s technology leadership in microprocessors together with ATI’s strengths in graphics, chipsets and consumer electronics.AMD is a licensee of Rambus Inc. XDR™ Memory Controllers and other intellectual property.
“Windows Vista will deliver incredible advances in the user experience as a result of advancements in graphics integration and performance,” said Jim Allchin, Co-President of Microsoft’s Platforms & Services Division. “We’re excited by the potential of what AMD and ATI can deliver together to enhance the Windows Vista experience for our customers even further.”
Wednesday, July 26, 2006
AMD acquires ATI
From AMD press release:
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