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|AMD’s Acquisition Of ATI Receives Ontario Superior Court Approval|
SUNNYVALE, CALIF. and MARKHAM, ONTARIO --Advanced Micro Devices, Inc. (NYSE: AMD) and ATI Technologies Inc. (TSX: ATY, NASDAQ: ATYT) today announced that the Ontario Superior Court of Justice has issued the final order approving the arrangement under which all of ATI’s outstanding common shares will be acquired by an indirect wholly owned subsidiary of AMD. The proposed acquisition, announced on July 24, 2006, is expected to be completed during the week of October 23, subject to satisfaction or waiver of customary closing conditions.
Advanced Micro Devices (NYSE: AMD) is a leading global provider of innovative microprocessor solutions for computing, communications and consumer electronics markets. Founded in 1969, AMD is dedicated to delivering superior computing solutions based on customer needs that empower users worldwide. For more information visit www.amd.com.
ATI Technologies Inc. is a world leader in the design and manufacture of innovative 3D graphics, PC platform technologies and digital media silicon solutions. An industry pioneer since 1985, ATI is the world’s foremost graphics processor unit (GPU) provider and is dedicated to deliver leading-edge performance solutions for the full range of PC and Mac desktop and notebook platforms, workstation, set-top and digital television, game console and handheld device markets. With fiscal 2005 revenues of US $2.2 billion, ATI has approximately 4,000 employees in the Americas, Europe and Asia.
Lunes, 23 Octubre, 2006 - 10:50