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.