AMD Board Approves Acquisition of ATI

According to a report on the Globe and Mail, the board of directors at AMD has allegedly approved the take over of Canadian graphics firm ATI Technologies. The reports said that the information was released by an investment banker that was part of the discussions. According to other sources, AMD executives were also seen at ATI’s headquarters in Thornhill, Ontario. The report indicated that AMD is considering a $5.6 billion takeover bid for ATI.

Regardless of how many people tell me that this is a great idea, I can see it being sketchy if it ever happens. Because recent Intel roadmaps have not included motherboards with ATI chipsets, it almost appears that this very well could become a reality. Things are going to get interesting, to say the least.