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[TheInquirer.com Graphics] Broadcom wheedles cut-price TV deal out of AMD - i4memory.com - different look at memory
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Old 19-11-2008, 06:50 AM   #1
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[TheInquirer.com Graphics] Broadcom wheedles cut-price TV deal out of AMD

INQUIRER Newsdesk , Tuesday 28 October 2008. 15:48:00

Chips are down

BROADCOM has paid just $141.5 million for AMD's digital television chip division. When we broke news of the deal in August, the firms said they'd agreed on a price of $192.8 million in 'cash'. But Broadcom has managed to get the business at a knock-down price as it's not been doing too well lately. The firm said that it looks like the old ATI outfit will make a loss of up to $20 million this quarter, and so it managed to haggle down to $141.5 million in 'cash'. Broadcom makes chips for more expensive tellies than AMD and through this deal wants to make a pitch for the low end....






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