Feeds

Investors buy into AMD-ATI tie-up rumour?

ATI shares up as rival's dip

Business security measures using SSL

Is ATI about to be acquired by AMD? You might well think so looking at the graphics chip company's share price in early Nasdaq trading today - and that of its arch-rival, Nvidia.

ATI shares opened at $16.22 after closing yesterday at $15.77 - a jump of 45 cents. Relatively heavy trading subsequently lifted it to $16.55. Nvidia's stock, by contrast, opened well below it closing price of $19.93 at $18.18, a fall of $1.75. Early morning trading saw NVDA shares traded for as little as $17.87.

AMD's stock opened at $19.34, down from $21.57 at close of play yesterday. A sign of the market's uncertainty about the upside for the company should it buy ATI? More likely a reaction to last night's Q2 earnings announcement, which saw big year-on-year gains but were down on the previous quarter's figures.

It's certainly possible to read into the figures expectation of an ATI-AMD marriage. ATI's shares are rising in anticipation of an acquisition, while rival Nvidia's are falling because of the impact such a deal might have on the company, which as close ties to AMD.

The AMD-ATI tie-in was first mooted by RBC Capital Markets analyst Apjit Walia at the end of May. He didn't offer any evidence for the suggested deal, he simply highlighted the synergies between the two firms given AMD's stated goal to increase production.

Then earlier this month, one Chinese-language site claimed the two firms had agreed the terms of the deal and were preparing their statements to the market - presumably timed to appear after AMD published its Q2 figures which, of course, it now has. It was alleged today by The Inquirer that AMD and ATI will announce their plan to merge on Monday. ®

Secure remote control for conventional and virtual desktops

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.