8 result(s) displayed (1 - 8 of 8):

Apple may design chips (from Corporate Dealmaker)

Apple may design its own chips to battle items such as the Hackintosh, but expect them to outsource the chipmaking to someone like world No. 2 contract chipmaker UMC.

Posted on April 30, 2009 12:58 PM

AMD launches $4.3B Middle Eastern JV, names new chair (from Corporate Dealmaker)

Advanced Micro Devices Inc. is advancing its corporate strategy. The debt-ridden microprocessor maker has closed its deal to spin off its manufacturing business into a joint venture, named the Foundry Co., with Middle Eastern investors.AMD, which owns 34.2% of the JV and has a 50% voting interest, received $700...

Posted on March 3, 2009 1:25 PM

Streamlining AMD sells handheld assets to Qualcomm (from Corporate Dealmaker)

Advanced Micro Devices Inc. is selling certain graphics and multimedia technology assets -- "formerly the basis of its handheld business" -- to Qualcomm Inc. for $65 million in cash. Struggling AMD is narrowing its focus to PCs and graphics. The company sold its digital TV business to Broadcom Corp....

Posted on January 20, 2009 11:28 AM

Struggling AMD outlines corporate strategy in all-day session (from Corporate Dealmaker)

Advanced Micro Devices Inc., the second-largest global supplier of microprocessors, is trying to bounce back amid slumping demand in a weak economy and stiff competition from industry giant Intel Corp. And on Thursday, financial analysts will get a chance to scrutinize AMD's major restructuring and its corporate strategy at...

Posted on November 13, 2008 9:41 AM

Sovereign wealth funds, politics and 'tricky Americans' (from Corporate Dealmaker)

Before the panelists at The Deal's M&A Outlook 2009 conference got into individual markets, The Deal's Matt Miller asked for some commentary on the impact of sovereign wealth funds.Steve Baranoff, a managing director and head of global M&A at Merrill Lynch & Co., said since the financial meltdown in...

Posted on November 11, 2008 1:45 PM

AMD splits, gets billions from Middle Eastern investors (from Corporate Dealmaker)

Debt-ridden Advanced Micro Devices Inc., the second-largest global supplier of microprocessors, is spinning off its manufacturing business into a joint venture with Middle Eastern investors so it can focus on the business of designing microprocessors. The new manufacturing entity, the Foundry Co., will include a soon-to-be-built factory near Albany, N.Y.,...

Posted on October 7, 2008 10:24 AM

Shakeup at AMD as ATI deal looks worse and worse (from Corporate Dealmaker)

Advanced Micro Devices Inc. named president and COO Dirk Meyer as chief executive. Meyer succeeds Hector Ruiz, who will become executive chairman of AMD and chair of the board. The announcement came late Thursday, about an hour after the chipmaker reported wider-than-expected losses...

Posted on July 18, 2008 10:45 AM

Integration trips up AMD (from Corporate Dealmaker)

In 2006, Advanced Micro Devices Inc. made a power play against chipmaker Intel Corp., with its cash-heavy $5.6 billion acquisition of graphics chip maker ATI Technologies Inc. Now, it seems, efforts to integrate the company's largest-ever acquisition, by about $4.8 billion, are at least partially responsible for weighing it...

Posted on April 8, 2008 4:59 PM