CUPERTINO, CALIF. AND SUNNYVALE, CALIF., – JUNE 14, 2006 – Raza Microelectronics, Inc. (RMI®), a worldwide leader in advanced semiconductor solutions for the next-generation Information Infrastructure, and AMD (NYSE: AMD) today announced that the two companies have entered into a broad strategic relationship. As a key part of this cooperation, RMI will acquire the MIPS-based AMD Alchemy(tm) processor product line and operations from AMD, and AMD will become an investor in RMI. The Alchemy product line acquisition forms the basis for a broad strategic relationship between AMD and RMI to cooperate in a number of different areas, including the recently announced “Torrenza” platform.
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Published on June 14, 2006