AMD Acquisition Of ATI Gains Shareholder Approval

AMD announced its plans to acquire ATI in July. AMD will pay about $5.4 billion in cash and stocks.

Beginning in 2007, AMD plans to market "customer-centric platforms" using AMD and ATI technologies that will include all existing product offerings from the two companies. In 2008, AMD plans to provide a platform that integrates its processors with ATI's graphics engines to meet specific media, data, and graphics requirements.