AMD purchases Canadian ATI

NEW YORK -- July 24, 2006 --AMD (NYSE: AMD) and ATI (TSX: ATY, NASDAQ: ATYT) today announced plans to join forces in a transaction valued at approximately $5.4 billion. The combination will create a processing powerhouse by bringing AMD’s technology leadership in microprocessors together with ATI’s strengths in graphics, chipsets and consumer electronics. The result: A new and more formidable company, determined to drive growth, innovation and choice for its customers, particularly in the commercial and mobile computing segments and in the rapidly-growing consumer electronics market. Combining technologies, people, and complementary strengths, AMD plans to deliver in 2007 customer-centric platforms for the benefit of customers who want to collaborate in the development of differentiated solutions.

---

› See More: AMD purchases Canadian ATI

I really didn't see that comming! lol, maybe our graphic cards will become more powerful now

i got a 7900gt with my 3200+, o well

i heard somewhere, i think on a comp forum that AMD wanted this a while back and threwa round the idea of a on board graphics, but really good like 1900xtx instead of crappy graphics on board. that would be awsome buy the processor, mobo, and graphics in one big huge board of ownage