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Advanced Micro Devices Inc. acquires ATI Technologies Inc.

Date Closed

October 25, 2006

Lead Office

Toronto

Value

5.40 Billion USD

On October 25, 2006, Advanced Micro Devices completed the acquisition of ATI Technologies Inc. which combines one of the world’s largest microprocessor producers with a cutting-edge graphics chip designer and manufacturer. The transaction was executed by way of a complex plan of arrangement involving sophisticated corporate and tax structuring.

Advanced Micro Devices  is a leading global provider of innovative microprocessor solutions for computing, communications and consumer electronics markets based in California. Founded in 1969, AMD is dedicated to delivering superior computing solutions based on customer needs that empower users worldwide.

ATI Technologies Inc. is a world leader in the design and manufacture of innovative 3D graphics, PC platform technologies and digital media silicon solutions based in Markham.

McCarthy Tétrault LLP advised AMD with a team led by David Woollcombe.

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