Latest in Amd

Image credit:

AMD sells handheld graphics unit to Qualcomm for $64M

Nilay Patel
01.20.09
1 Shares
Share
Tweet
Share
Save

Sponsored Links

AMD's been looking to sell off its handheld graphics business since July, and it looks like it's finally found a buyer in Qualcomm. The $65M deal announced today is already approved, and Qualcomm is planning on hiring key design and development people from AMD -- some nice news amid the most recent round of layoffs at the struggling chipmaker. We'll see if this cash infusion helps AMD get back to its feet -- and, on the flipside, if the tech infusion helps Qualcomm actually do something with Snapdragon except demo clunky vaporware prototypes.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr