AMD is closer to ATI acquisition efforts

On September 7, AMD said it had gained the approval of US, Canadian and German antitrust agencies for the $ 5.4 billion plan to acquire Canadian chipset developer - ATI Technologies.

This victory is an important step in AMD's attempt to merge with ATI, scheduled to be completed by November 30. However, the world's second-largest chip maker still faces a number of minor obstacles, including ATI shareholders' approval in the October 13 meeting, and a closer look. of Canadian and Taiwanese specialized agencies.

ATI has committed to compensate AMD $ 162 million if it breaks the merger agreement. Meanwhile, AMD hopes that the acquisition of ATI will help the company boost the graphics chip and chipset sectors, and acquire new weapons in the battle for market share with Intel.

So far, AMD still has to rely on third-party chipset manufacturers, such as ATI, Nvidia, Via Technologies and Silicon Integrated Systems, to produce most of its chipsets.