ATI Buys XGI Technology Inc.

malware · Mar 7, 2006, 06:44 AM

ATI Technologies Inc. today announced the acquisition of Shanghai-based Macrosynergy, an XGI Technology alliance company, as well as related personnel working out of XGI Technology's Santa Clara, California location. With the acquisition ATI immediately increases its presence in Shanghai, China, considered to be the epicenter of China's burgeoning technology market. At the same time the company acquires the research and design expertise of an organization best known for its multimedia add-in boards for personal computers. The acquisition will see approximately 100 Shanghai-based employees join ATI. An additional cadre of XGI employees in Santa Clara will relocate to ATI's Santa Clara location.

Quote:

Therefore the acquisition is important for ATI's further success in China and will enhance the company's performance in the global market.

said Oliver Xu, principal Shanghai-based analyst with Gartner Inc.'s Semiconductor Group.

Source: ATI

Darksaber · Mar 7, 2006, 06:46 AM

well, that had to happen sooner than later...one less player in the graphic card market...

cheers
DS

Polaris573 · Mar 7, 2006, 04:27 PM

Well, that's a shame. I was hoping there would be a third player in the graphics market as well.

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Mar 7, 2006, 06:46 AM	#2
Darksaber W1zzard's Sidekick Join Date: Jul 2005 Location: Berlin, Germany Posts: 2,461 (0.86/day) Thanks: 33 Thanked 704 Times in 244 Posts System Specs	well, that had to happen sooner than later...one less player in the graphic card market... cheers DS __________________ Join the TechPowerUp! Facebook Group --- Follow TechPowerUp! on Twitter

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Mar 7, 2006, 04:27 PM	#3
Polaris573 Senior Moderator Join Date: Feb 2005 Location: Little Rock, USA Posts: 3,284 (1.09/day) Thanks: 68 Thanked 765 Times in 451 Posts System Specs	Well, that's a shame. I was hoping there would be a third player in the graphics market as well. __________________ Lector benevole, legum servi sumus ut liberi esse possimus. Accipere quam facere praestat injuriam Fold for Techpowerup!

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