IT Business

Advanced Micro Devices believes it has more ammunition to take on its chief rival Intel through its historic purchase of Canadian graphics specialist ATI Technologies Inc.

The deal, valued at US$5.4 billion, is expected to close by the end of the year.

By buying ATI, AMD aims to carve out a bigger piece of the consumer and mobility markets, said the chipmaker's chairman and CEO, Hector Ruiz.

source

NowPublic

Tags: chipmaker | ATI | Canadian | AMD