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"Advanced Micro Devices, the world’s second largest maker of microprocessors, reportedly has reached agreements with ATI Technologies in regards the acquisition of the latter."
"No details are known, but this is the second time when rumours concerning the acquisition break out in the last several weeks."
At press time ATI’s market capitalization was $3.83 billion, market capitalization of AMD was $11.54 billion. Meanwhile, ATI had $607.03 million in cash, while AMD, who has been enjoying performance lead over Intel Corp. for several recent quarters, had $2.63 billion in cash.
Seems like a good time for AMD to go on a shopping spree.
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This AMD/ATI rumor still needs some official confirmation, but it's very interesting.
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