Qualcomm Acquires Assets from AMD/ATI

Qualcomm, a well known manufacturer of wireless technologies especially for mobile phones, announced yesterday to have acquired assets of patents and technologies related to multimedia and graphic from AMD. Some employees working on such project will then move from one company to the other. With such acquisition, Qualcomm expects to expend its activities with the development of SoC including not only the mobile network technology but also multimedia. Both companies will compete on the mobile phone market, as AMD joined the field with the development of more performing but complex devices and handhelds. AMD received 65 millions USD, almost nothing if one considered that AMD bought ATI for 4 billions USD...