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Rumor: AMD and ATI To Ask Shareholders For Merger Approval
With AMD and ATI merger rumors going around for nearly a month now it wouldn't be shocking if it was true, but who knows. Today The Inq. posted up a news story saying that it will happen right after the weekend when the new work week starts. None of our sources confirmed anything, so add this rumor to the mill.
It's an interesting idea - AMD doesn't quite have the shekels in the bank to buy ATI outright. The deal, subject to shareholder approval, may still founder. If the deal goes through, Nvidia and its SNAP partnership with AMD will definitely be reconsidered and Nvidia will all of a sudden become a super underdog compared to the new juggernaut. It may also stop the endless bickering between ATI and Nvidia that's entertained the world+dog for some years now. AMD will be glad to get its hands on ATI's very profitable handheld division. The firm needs good chipsets and will also benefit from a great consumer digital chip segment. It will also like the integrated graphics business and will now get a piece of this action.
Posted by | Fri, Jul 21, 2006 - 08:14 AM
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