boopme
Jul 24 2006, 05:23 PM
Advanced Micro Devices (AMD) announced today that it has agreed to buy ATI Technology (ATYT).ATI is a maker of graphics processors and chipsets that support microprocessors. AMD believes that this move will open a new front in its rivalry with Intel Corp (INTC). Advanced Micro will pay $4.2 billion in cash and issue 57 million shares as payment for ATYT. The deal values ATYT shares at $20.47 apiece, which is a 24-percent premium over Friday's closing price. The news sent INTC nearly two percent higher on the day(17.48,+.33), and ATYT's chief rival, NVIDIA (NVDA) (13.56, +1.79) moved more than 10 percent higher. AMD finished the day at 17.39, -.87 ...
Heretic Monkey
Jul 24 2006, 05:31 PM
Wow.... so that means it's gonna be pretty hard to find any nVidia integrated cards in new AMD boxes. Bad news for wannabe linux users... such as myself...
boopme
Jul 24 2006, 06:31 PM
That's right . I forgot to link the story with the
system-on-a-chip The key to the deal, however, is that it will give Sunnyvale, Calif.-based AMD the internal know-how to devise processors with integrated graphics and communications capabilities. That so-called system-on-a-chip would
The Story.................