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AMD today announced its acquisition of ATI has been completed for an approximate $5.4 billion USD. The transaction details include a $4.3 billion cash buyout and 58 million shares of AMD common stock in exchange for all common shares of ATI. Shareholders were offered the following options:
  • ATI shareholders who elected to receive cash will be entitled to receive, for each common share for which a valid cash election was made, approximately US $18.59 in cash plus approximately 0.1245 of a share of AMD common stock;
  • ATI shareholders who elected to receive stock will be entitled to receive, for each common share for which a valid stock election was made, 0.9596 of a share of AMD common stock; and
  • ATI shareholders who did not make a valid election will be entitled to receive, for each share for which no valid election was made, 0.9596 of a share of AMD common stock.
Quickly after the complete acquisition announcement AMD has absorbed and transformed it into Gone are the red corporate ATI logos. Instead ATI’s website has turned green and filled with AMD logos. The website appears to remain the same as ATI’s previous website, though everything is greener. Nevertheless, ATI branding is still used on graphics and chipset products. Xilleon, Theater, NXT and Imageon products appear to have switched over to AMD branding.

This appears to fall in line with previous rumors that AMD would keep ATI and Radeon branding on consumer products. With the acquisition complete it is unknown if Intel will renew its cross licensing agreement with ATI in the future. ATI was previously working on a variety of Intel chipsets including the announced Radeon Xpress 1250 and upcoming RD600 CrossFire Xpress 3200 for Intel processors.

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so now we have
By otispunkmeyer on 10/25/2006 6:52:20 AM , Rating: 5
2 green teams lol!

in the green corner....nvidia G80! and in dimmer shade of green corner...AMD ATI's R600!


i wonder now if future ATi cards will come with green PCB's and green coolers

RE: so now we have
By Furen on 10/25/2006 8:12:31 AM , Rating: 2
I think (hope, hehe) the Radeon product line will keep its red logo...

RE: so now we have
By marvdmartian on 10/25/2006 9:26:11 AM , Rating: 2
Or maybe the logo being red, with green fire crawling it's way across the logo?? (think of the beginning of Armageddon, when the giant meteor hit the earth, and you saw fire spreading across the globe........that effect)

I, for one, am excited about the takeover. Now let's see if AMD can make good on our expectations. :)

RE: so now we have
By virage on 10/25/2006 9:16:12 AM , Rating: 4
hmm.. maybe nVidia will change its colors to blue? ;)

RE: so now we have
By Trisped on 10/25/2006 1:55:31 PM , Rating: 2
I was thinking that this is going to weaken the ATI logo, because half will be green and half will be red. I always thought AMD was red also, so I didn't worry about it.

Are these the first signs of a corporation grinding its new acquisition into a fine past so they can consume it into being no more? Or is it just an attempt to make the merger look more real and complete?

"Game reviewers fought each other to write the most glowing coverage possible for the powerhouse Sony, MS systems. Reviewers flipped coins to see who would review the Nintendo Wii. The losers got stuck with the job." -- Andy Marken
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