DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
December 7, 2016 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 132 people online.

 

Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin
 

Follow us
RSS
 

Broadcom buys AMD DTV business for $192 million

Posted on Monday, August 25 2008 @ 21:28:26 CEST by


Broadcom announced it will acquire AMD's digital television business for $192.8 million in cash. AMD acquired this unit in 2006 when it bought ATI for a total of approx. $5.4 billion and about six weeks ago the chip maker took a $880 million writedown on the value of ATI's handheld and digital television units.

Broadcom will use AMD's DTV unit to broaden its own production portfolio.
The board of directors of each company approved the deal and the transaction does not require approval by shareholders of either company. The deal does require regulatory approval and is expected to close in the fourth quarter.

Broadcom said it may record a one-time charge for purchased in-process research and development expenses related to the acquisition in the quarter in which the transaction closes. The amount of that charge, if any, has not yet been determined.



 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2016 DM Media Group bvba