AMD Finally Admits That ATI Acquisition Didn't Work Out As Planned
from the sorry-about-that dept
Over the summer, we wrote about problems with the merger between AMD and ATI, and folks in the comments insisted we were being too harsh and not giving the deal nearly enough time (along with some words bizarrely suggesting that we were "in bed" with Intel for suggesting any problems at AMD). Turns out that AMD actually agrees with our assessment that the merger has been something of a mess. The company has admitted that it's going to do a material write-down on the merger, though it hasn't yet figured out how much. Either way, it's yet another reminder that merging two big companies isn't a particularly easy process.
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You've been waiting to get your "I told you so" in for a while now. (At least it sounds like it.)
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Par for the course
Isn't it a fact that only a minority of mergers actually achieve anything? E.g. look at all the opposition to the HP-Compaq merger, and the objectors turned out to be right--the merger should not have gone ahead.
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Would have preferred
I would have preferred that they left ATI alone anyway or let intel or even motorola buy it. While mergers with big companies are not always easy, many have been quite successful. It looked like there was a decline in the variety of cards that ATI used to put out. And it was no longer stomping the competition either.
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Is it me or is Google one of the only ones who never fails at merging?
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ATI blows
WTF, Decline of ATI?
ATI has always sucked. Yea their hardware may be OK but their driver support is worthless.
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