Friday, March 29, 2024
Search
  
Tuesday, January 20, 2009
 Qualcomm Buys Handheld Graphics and Multimedia Assets from AMD
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail: * Required!
Recipient (e-mail): *
Subject: *
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
 
Message Text: Qualcomm said Tuesday it purchased some handheld graphics and multimedia technology assets from AMD for $65 million in cash.

"This acquisition of assets from Advanced Micro Devices' handheld business brings us strong multimedia technologies, including graphics cores that we have been licensing for several years," Steve Mollenkopf, executive vice president of Qualcomm and president of Qualcomm CDMA Technologies, said in a statement.

Under the terms of the agreement, Qualcomm has extended offers of employment to various design and development teams from AMD?s handheld business. The teams are developing technologies to enhance mobile devices in areas including 2D and 3D graphics, audio/video, display, and architecture.

Qualcomm's cash payment to AMD is subject to adjustments for worker-related expenses and other items.

On Friday, AMD said it planned to cut 1,100 jobs, or 9 percent of its global staff, and slash remaining employees' pay to help the company navigate a brutal market for computer sales.
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2024 - All rights reserved -
Privacy policy - Contact Us .