Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 13 December 2007 11:08

AMD paid too much for ATI

Written by

Image

Admits it, at last


AMD
has finally admitted that it paid too much for ATI.

AMD paid $5.6 billion for the graphics chipset maker and got itself into deep financial problems as a result.

In a filing with the U.S. Securities and Exchange Commission the company indicated it will have to write down the value of the goodwill estimate it attached to ATI when it bought the company in October 2006.

It does not know how much it overpaid. AMD said it does not currently know how big the charge will be. The ATI price included a $3.2 billion allocation for goodwill, which was nearly three times the value of product technology that ATI had already developed and was working on in its laboratories.
Last modified on Friday, 14 December 2007 03:55

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments