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AMD to shell out $5.4 billion for ATI

Advanced Micro Devices(AMD) plans to acquire graphics chipmaker ATI Technologies for $5.4 billion in cash and stock, the company said Monday.

Under terms of the deal, AMD will acquire all of the outstanding common shares of ATI for $4.2 billion in cash and 57 million shares of AMD common stock, based on the number of shares of ATI common stock outstanding on July 21.

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andy capps5053d ago

Voting lame as this is going to jumpstart the AMD integrated graphics "solution."

Eternal E 8085053d ago

lame because i hate PC gaming,i think console gaming should be the only house hold gaming system because PC gaming is so for geeks. http://www.pwned.nl/

Jay da 2KBalla5053d ago

I hope this doesnt cause intel to lose its number one spot.

Shadow Flare5053d ago

I'm voting lame because everyone else seems to be doing it. I just wanna be popular