AMD And ATI Officially Announce Merger Plans
by Rainier on July 24, 2006 @ 3:58 a.m. PDT | Filed under News
After weeks of speculations, AMD and ATI announced a plan to join forces in a US $5.4 billion transaction, combining AMD’s technology in microprocessors with ATI’s strengths in graphics. The merge is expected to close in Q4 2006 subject to approval by ATI shareholders, court approval, regulatory approvals and other customary closing conditions.
