Monday, October 30, 2006
AMD has completed its approximately US$5.4 billion acquisition of ATI Technologies Inc. Combining the complementary strengths of the two technology companies, the new AMD opens for business as a processing "powerhouse".
With approximately 15,000 employees, the company merges AMD's technology position in microprocessors together with ATI's position in graphics, chipsets and consumer electronics.
Customers should benefit from AMD's and ATI's combined platform development and technical support teams, which will be co-located in Taipei and Shanghai. Combined with the existing Austin and Toronto locations, these sites offer research and development and support to provide customers with a complete solution for optimized platform development.
AMD plans to deliver a range of integrated platforms in 2007 to serve key markets, including: commercial clients; mobile computing; and gaming and media computing. PC users will benefit from innovations intended to extend battery life on the next-generation AMD Turion 64 mobile technology-based platform and enhancements to the AMD LIVE! digital media PC platform aimed at enabling users to get more from their photos, music, and movies.
AMD also sees an opportunity to deliver processing solutions to the growing consumer electronics market. The company intends to leverage ATI's strength in the consumer market by pursuing new opportunities to invest in the consumer electronics and high-end discrete graphics markets.
By: DocMemory
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