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

Featured Articles

Analyst reveals Apple Watch spec

Analyst reveals Apple Watch spec

An analyst has examined the Apple Watch supply chain in an effort to ascertain the exact spec of Cupertino’s new gadget…

More...
Nvidia's first 20nm product is a mobile SoC

Nvidia's first 20nm product is a mobile SoC

For much of the year we were under the impression that the second generation Maxwell will end up as a 20nm…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

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