Tuesday, February 20, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Reveals Windows 10 on ARM Limitations
Fujitsu to Showcase Quantum-Inspired, Digital Annealer Computational Architecture at Mobile World Congress 2018
Investors and Consumers Sued Intel Over Meltdown and Spectre CPU Security Flaws
Belgian Court Fines Facebook Over Users Tracking
Beocreate 4 Channel Amplifier Will Make Your Vintage Speakers Smart
Qualcomm is Seeking for a Better Offer From Broadcom
Uber Introduces New Safety Features
Apple to Fix the Telugu Bug in iPhones
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Graphics Cards > ATI Sha...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, July 11, 2005
ATI Shares Rally Sparks Takeover Rumours


A mini-rally in ATI Technologies shares has sparked speculation the graphics chip maker could be a takeover candidate. In a research report, an analyst with TD Securities, said the potential suitors include Broadcom Corp., AMD, Intel and Texas Instruments.

Analyst said takeover rumours surfaced last month after ATI issued its third-quarter results and provided "weak" fourth-quarter guidance.

ATI shares climbed $1.08 to $15.77 yesterday in Toronto, closing the week up 8.6%. The stock touched a 52-week low of $13.90 on July 7.

Bob McWhirter, a portfolio manager with Selective Asset Management in Toronto, said ATI could be an intriguing takeover target because there are concerns the company has failed to launch a new high-end, high-margin chip in time for the back-to-school and holiday sales seasons.

Since the graphics industry is extremely cyclical, ATI's value could suffer a short-term decline -- providing an opportunity for suitors to move before ATI can rebound in the next product cycle. "I'm suggesting that if someone does buy them, it may be an opportune time," Mr. McWhirter said. "ATI is down on their luck at the moment but they could come roaring back."

Jonathan Hykawy, a research analyst with Fraser Mackenzie Ltd. in Toronto, said takeover rumours are nothing new for ATI.



Source: http://www.canada.com


Previous
Next
Kodak Unveils New Image Sensors for Digital Cameras        All News        HP Unveils High-speed Ink-jet Technology
ATI Vs NVIDIA: Battle of the GPUs     Graphics Cards News      ATI R520 to be available in mid-3Q

Get RSS feed Easy Print E-Mail this Message

Related News
Sony Lowers PlayStation VR Price to $199
Universal Stylus Initiative Adds Google and 5 More Members
Verbatim Releases New Speedy External SSD
Imagination Announces PowerVR Series8XT GT8540 GPU for Automotives, HUD and Infotainment
Creative Showcases X-Fi Sonic Carrier, Super X-Fi Headphone Audio Holography and Smart Home Speakers at CES
Sony Unveils new Selfie Xperia XA2 and Xperia XA2 Ultra Smartphones
Creative Announces the Pebble Desktop Speakers, Aurvana Trio Triple Driver In-Ears Headphones
Sony Says Playstation 4 Sales Surpass 70.6 Million Units
PlayStation VR Leads Virtual Reality Headset Market
Microsoft Offers Discounted Games for Xbox Live Gold Members, Sony Unveils PlayStation Deals
Sony Makes Changes to PlayStation VR Headset
China-backed Canyon Bridge Buys Imagination for £550 million

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .