AMD joins forces with ATI
{{date|July 24, 2006}}

Technology giants [[w:AMD|Advanced Micro Devices (AMD)]] and [[w:ATI Technologies|ATI Technologies Inc. (ATI)]] today announced plans to merge. Canadian [[w:ATI Technologies|ATI]] will be bought by the Californian [[w:AMD|AMD]] for 5.4 billion dollars ($4.2 billion in cash and $1.2 billion in [[w:stock|stock]]).


The [[w:ATI Technologies|ATI Technologies Inc. (ATI)]] acquisition is being funded by a $2.5 billion loan, plus cash and cash equivalents and short-term investment balances of approximately $3.0 billion. That’s total funding of $5.5 billion.


Many people believe [[w:AMD|Advanced Micro Devices (AMD)]] to be taking too much of a risk, that [[w:AMD|AMD]] is "betting the farm on a deal that might be very questionable."

The new firm will employ near 14900 people for 7.3 billions dollars earning.
The two firms announced they'll plan no job cutting in the process of merging.

==Sources==

*{{source-pr|url=http://www.amd.com/us-en/0,,3715_14197_14198,00.html?redir=goBG01
|title=AMD & ATI: A Processing Powerhouse
|pub=AMD
|date=July 24, 2006}}

*{{source|url=http://www.nytimes.com/2006/07/24/technology/24semi.html
|title=A.M.D. to Acquire ATI Technologies
|author=Andrew Ross Sorkin
|pub=New York Times
|date=July 24, 2006}}

*{{source|url=http://www.digitimes.com/news/a20060725VL204.html
|title=Discussing the AMD-ATI Deal: Q&A with AMD EVP
|author=Chris Hall
|pub=DigiTimes
|date=July 25, 2006}}

{{publish}}
{{Archive-unreviewed}}
[[Category:North America]]
[[Category:Computing]]
[[Category:Economy and business]]

[[de:Chiphersteller AMD übernimmt Grafikchiphersteller ATI]]
[[fr:Le fondeur AMD achète ATI]]
[[it:Fusione tra AMD e ATI]]
[[pl:AMD kupuje ATI Technologies]]
[[pt:AMD e ATI anunciam planos de fusão]]
Technology giants Advanced Micro Devices (AMD) and ATI Technologies Inc. (ATI) today announced plans to merge. Canadian ATI will be bought by the Californian AMD for 5.4 billion dollars ($4.2 billion in cash and $1.2 billion in stock).


The ATI Technologies Inc. (ATI) acquisition is being funded by a $2.5 billion loan, plus cash and cash equivalents and short-term investment balances of approximately $3.0 billion. That’s total funding of $5.5 billion.


Many people believe Advanced Micro Devices (AMD) to be taking too much of a risk, that AMD is "betting the farm on a deal that might be very questionable."

The new firm will employ near 14900 people for 7.3 billions dollars earning.
The two firms announced they'll plan no job cutting in the process of merging.

*

*

de:Chiphersteller AMD übernimmt Grafikchiphersteller ATI
fr:Le fondeur AMD achète ATI
it:Fusione tra AMD e ATI
pl:AMD kupuje ATI Technologies
AMD e ATI anunciam planos de fusão
North America Computing Economy and business