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AMD & ATi acquisition complete
Today AMD has finally acquired ATi. There is speculation on the future of ATI as a brand since the ATI website now redirects to ati.amd.com. There was a report about 2 weeks ago on ATI personnel having their email addresses changed to amd.com. This prompted a lot of questions as to the future of the brand and now we know that the ATI branding will only carry on Radeon cards.
The financials of the ATI acquisition have been slightly adjusted from the original announcement. Instead of a cash transaction of $4.2 billion, AMD will now transfer "approximately" $4.3 billion; instead of 57 million AMD shares, the transaction will now involve a total of 58 million shares of AMD common stock, valued at about $1.18 billion. AMD said that the total acquisition cost remains at about $5.4 billion. To finance the cash portion, AMD has acquired a $2.5 billion loan from Morgan Stanley.
Official Press Release: http://www.amd.com/us-en/0,,3715_141...l?redir=goBG01
New CPU/GPU Plans: http://www.tomshardware.co.uk/2006/1...ion_processor/
If anyone finds any further info, feel free to post in this thread.
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