AMD leaves the domain of digital TV Posted on 26/08/2008 at 12:09 by Nicolas
AMD has announced the sale of its digital TV (DTV) section to Broadcom, a partner of long date specialized in chipsets and network equipment.
The transaction for an amount of $192.8 million notably concerns Xilleon and Theater 300 DTV chips and therefore products developed by ATI. In terms of employees, some 530 people work in six "design centers" throughout the world and they are welcome to join Broadcom. This announcement isn’t really a big surprise because AMD had recently paid out a depreciation cost of $876 million after its abandonment of DTV activities.
AMD’s directors are now proving to be quite realistic and since the company no longer has the means to carry out its ambitions on this market it has been necessary to abandon them. Now we will just have to wait and see what Broadcom plan on doing with this section...
AMD has announced the sale of its digital TV (DTV) section to Broadcom, a partner of long date specialized in chipsets and network equipment.