Farewell ATI: AMD Acquisition Completed Today
Anh Tuan Huynh
October 25, 2006 4:46 AM
comment(s) - last by
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 ATI.com and transformed it into ati.amd.com
. 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
Xilleon, Theater, NXT
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
CrossFire Xpress 3200 for Intel processors.
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Jus a thought!!
10/25/2006 1:38:35 PM
This is jus a thought: Actually this is a very lame, useless and stupid comment.
May b in the future it will be somethin' like this
Intel acquires Nvidia....and after 3-4 yrs Intel Acquires Amd (Don't kno how, but somehow) then intel acquires Creative...which makes Intel monopolistic. .....so we have a company which produces its own CPU's, Motherboards, PPU, GPU's, Soundcards, speakers, mp3 players, etc etc ....damn
Once again i'll tell u ....this is jus a comment
RE: Jus a thought!!
10/25/2006 1:57:23 PM
Intel would be branded a monopoly much earlier than that, acquiring all those companies will never fly, nor do they have the cash for that.
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