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AMD TO ACQUIRE ATI


TORONTO – AMD announced it will acquire ATI Technologies for approximately US$5.4 billion. The combination will bring AMD’s microprocessor expertise together with ATI’s strengths in graphics, chipsets and consumer electronics. Combining technologies, people, and complementary strengths, AMD says it plans to deliver in 2007 customer-centric platforms for the benefit of customers who want to collaborate in the development of differentiated solutions.