ATi Technologies confirmed to acquire XGI sweetness
Earlier today X-bit Labs Anton Shilov, otherwise known as "the sweet boy from Estonia" as me mate Fudo always likes to remind him, has been trying to wax his lyrical about a rumour first published by "Chinese-language web-site HardSpell".
Well HEXUS can exclusively confirm that sometime around close of trading today ATi Technologies will confirm its acquisition of the Shanghai design and technology centre of graphics upstart XGI Technologies .
ATi officials seem to be running around denying everything at present, but HEXUS has the sprout that the princely sum involved seems to be between $8-12 million USD, though other sources indicate that it's probably at the lower range of this figure.
What's in it for ATi? We speculate that on top of the XGI engineering facility in China and any IP, one of the primary benefits will be XGI's relations with the Chinese government; which is something that other companies seem to have stumbled against in recent times.
Also would XGI's device driver team, which seems to have had a pro-active focus on Linux drivers - something woefully absent with ATi - also be something that ATi's been keen to engage?
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