DEALS: Advanced Micro Devices buys ATI for $5.4B


Advanced Micro Devices buys ATI Technologies for $5.4 billion.


DEALS

WHO

WITH

WHAT

SCOOP

NEC and Panasonic

Texas Instruments, NEC Electronics and Matsushita

Handset joint venture

The companies will create a joint venture that will develop, design and license technology for hardware and software communications platforms for next-gen mobile handsets.

Motorola

Huawei

UMTS joint venture

The two signed a joint-venture deal that will see the two developing UMTS and HSPA (high-speed packet access) infrastructure.

Verizon Wireless

Cisco, Lucent, Motorola, Nortel and Qualcomm

Creation of Advanced IMS (A-IMS) group

A-IMS will develop enhancements to the IMS standard. 

Advanced Micro Devices

ATI Technologies

AMD buys ATI for $5.4 billion

A merged ATI and AMD would be self-sufficient in offering integrated solutions of their own to device manufacturers.