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ATI Technologies Inc. has acquired privately held Bitboys Oy, a 15-year veteran of the graphics industry for up to EUR 35.2 million (about US$44 million). The final value is subject to certain performance-related conditions. Bitboys brings valuable engineering experience, technology and customer relationships that enhance ATI's existing mobile phone multimedia offerings. Based in Finland, the Bitboys team will be fully integrated in to ATI's Handheld Business Unit, and form the nucleus for a key design centre for ATI in Europe.
View at TechPowerUp Main Site
said Mikko Saari, CEO, Bitboys.ATI gives us what we need to reach the next level...Their market presence and ability to sell our products as part of a complete multimedia lineup will prove incredibly valuable to us. It's a classic win-win, realizing value for both companies
View at TechPowerUp Main Site