AMD buying ATI

[Jokerswild]

Looks like the deal may go thru soon.

Advanced Micro Devices Inc., the No. 2 supplier of computer processors, is close to a deal to buy graphics chip maker ATI Technologies Inc. for $5.5 billion, a source familiar with the situation said on Friday.

Any such deal would shake up the processor industry, which is witnessing a battle over market share between AMD and larger rival Intel Corp.

[Tyreal]

It looks like a done deal.

AMD and ATI announced a plan to join forces, in a transaction that will combine AMD’s technology leadership in microprocessors with ATI’s strengths in graphics, chipsets and consumer electronics. The result is a processing powerhouse: a new competitor, better equipped to drive growth, innovation and choice for its customers in commercial and mobile computing segments and in rapidly-growing consumer electronics segments. The transaction, valued at US $5.4 billion, is expected to close in Q4 2006 subject to approval by ATI shareholders, court approval, regulatory approvals and other customary closing conditions.

also, here:

On July 24, 2006, AMD and ATI announced a plan to join forces, in a transaction that will combine AMD’s technology leadership in microprocessors with ATI’s strengths in graphics, chipsets and consumer electronics. The result is a processing powerhouse: a new competitor, better equipped to drive growth, innovation and choice for its customers in commercial and mobile computing segments and in rapidly-growing consumer electronics segments. The transaction, valued at US $5.4 billion, is expected to close in Q4 2006 subject to approval by ATI shareholders, court approval, regulatory approvals and other customary closing conditions

[Jokerswild]

Thanks for finding that TY. :)

[simple_inhibition]

i wonder how thats going to affect AMD's relationship with nVidia, i mean nVidia makes arguably the best chipsets for the AMD platform...

[stinger608]

Originally Posted by simple_inhibition

i wonder how thats going to affect AMD's relationship with nVidia, i mean nVidia makes arguably the best chipsets for the AMD platform...

Well here is a link from bytesector.com. They have talked to Derek Perez from Nvidia about the future and AMD buying ATI


http://www.bytesector.com/data/bs-article.asp?id=663

Interesting article.