AMD has sold its MIPS-based AMD Alchemy embedded processor product line and operations to Raza Microelectronics as part of a wider business relationship between the companies.

“We are extremely pleased to enter into a strategic relationship with AMD and to bring them on as an investor. RMI is continuing to expand its product offerings and customer base, and the acquisition of the Alchemy product family bolsters our portfolio significantly,” said Atiq Raza, chairman and CEO, RMI.

According to Raza, RMI endorses AMD64 embedded platform along with the processor firm’s ‘Torrenza’ ecosystem development initiative.

RMI is a fabless semiconductor company with more than 150 employees. Its own embedded processor is the XLR family which is aimed at communications and networking applications.

By: DocMemory
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