I appologize if this is a repost , i did a search and didnt find anything heres the link
http://www.digg.com/hardware/AMD_Buys_ATI
http://www.digg.com/hardware/AMD_Buys_ATI
Originally posted by: unfalliblekrutch
Repost
http://forums.anandtech.com/messageview...atid=31&threadid=1869574&enterthread=y
Originally posted by: Mikey
Ok. It's been confirmed here that AMD will NOT buy ATI.
Originally posted by: Mikey
Ok. It's been confirmed here that AMD will NOT buy ATI.
Originally posted by: DaveSimmons
Actually, AMD just wanted to dress up and so bought a tie
Originally posted by: Nextman916
Acronym Microwave Disintegrator bought Atomic Teeth Industries? Whaaa?????
Originally posted by: gunblade
It is still uncertain whether it is a merger yet. So, I think it is premature to say AMD buys ATI.
The PR should be out by end of next week though.
Originally posted by: cubalis
Originally posted by: Mikey
Ok. It's been confirmed here that AMD will NOT buy ATI.
While I think this is true, that AMD will not buy ATI, something will never be 'confirmed' by the inquirer... lol
I don't think it will happen. Both have very different outlooks, processor and graphics cards primarily. It would ruin the trend to focus on what they do best.
.PHILADELPHIA (Reuters) - Advanced Micro Devices Inc. (AMD.N: Quote), the No. 2 supplier of computer processors, is close to a deal to buy graphics chip maker ATI Technologies Inc. (ATYT.O: Quote) (ATY.TO: Quote) for $5.5 billion, a source familiar with the situation said on Friday.
Such a deal would shake up the processor industry, which is witnessing a tooth-and-nail fight for market share between AMD and larger rival Intel Corp. (INTC.O: Quote). AMD would gain one of two major graphics chips makers, the other being Nvidia Corp.
(NVDA.O: Quote).
Markham, Ontario-based ATI is also a big supplier of chipsets -- the cluster of secondary chips and interfaces that surround a computer's processor -- for AMD and Intel products.
Unless talks break down, a deal could be announced as early as Monday, the source said.
"Reports claim a $5.6B deal is about to close on an unprecedented merger
According to a report in The Globe and Mail, the board of directors at AMD has allegedly approved the takeover of Canadian graphics firm ATI Technologies. The reports said that the information was released by an investment banker that was part of the discussions. According to other sources, AMD executives were also seen at ATI's headquarters in Thornhill, Ontario. The report indicated that AMD is considering a $5.6 billion takeover bid for ATI.
Speculation and rumors have run rampant over the last several months about the possible merger between AMD and ATI, but no concrete details have been revealed. According to reports on ATI's share prices, the company's shares have been trading at double the usual volume today. Analysts said that AMD would be making an offer of 20 to 40 percent premium to ATI's current share price. ATI shares traded at $16.12 on the NASDAQ today during after hours, which is up 39 cents from yesterday's closing.