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Amd Buys Ati


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#1 boopme

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Posted 24 July 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 ...
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#2 Heretic Monkey

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Posted 24 July 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...

#3 boopme

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Posted 24 July 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.................

Edited by boopme, 24 July 2006 - 06:31 PM.

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