Bookmark and Share


Chief executive of ATI Technologies, a leading designer of graphics processors and multimedia chips, indicated that the company would continue to acquire smaller companies in a bid to get “critical new technologies” that the firm may require.

“Even though we are looking to accelerate (mergers and acquisitions), we are also looking to make sure we are prudent about it. We’ve got an active funnel, but there's nothing major pending,” said chief executive Dave Orton in an interview with Reuters.

Last year the head of ATI Technologies also said that the company was going to accelerate its pace of acquisitions from one takeover per year: during the year ATI acquired CuTe Solutions, a multimedia technologies developer from India, as well as Terayon Communication Systems, a communication company which primary business was development of cable modem technologies.

“We do about an acquisition a year and they tend to be 30 to 80 people, technology-based acquisitions,” Mr. Orton said, outlining that the benefits of mergers are not only current products and patent portfolios, but experienced staff as well.

All the most-recent acquisitions of ATI were in the consumer electronics market, however, in late 2004 a rumour emerged that the company was eyeing graphics chips developer XGI Technologies.

Recently ATI’s arch-rival Nvidia Corp. acquired chipset designer ULi.


Comments currently: 0

Add your Comment

Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month