Feeds

Qualcomm eats AMD handheld biz

$65 million munch

Top 5 reasons to deploy VMware with Tegile

Qualcomm today purchased $65m worth of intellectual property and other assets from AMD, as AMD finished divesting itself of its handheld and DTV businesses.

Last October, AMD completed the sale of its DTV business to Broadcom. And today, the other shoe dropped when it announced the sale of handheld assets to Qualcomm.

In a joint statement, Qualcomm and AMD said that the acquisition of "certain graphics and multimedia technology assets, intellectual property and resources that were formerly the basis of AMD's handheld business" will strengthen Qualcomm's "leadership position in delivering more advanced products that redefine next-generation mobile user experiences."

Some of the technology intended to redefine those experiences won't be new to Qualcomm, however. According to Steve Mollenkopf, Qualcomm EVP, the acquired assets include "graphics cores that we have been licensing for several years."

The deal includes Quallcomm offering jobs to personnel from AMD's graphics group, who may very well be relieved to be exiting a company that recently announced further job cuts and wage reductions.

AMD's triple-threat COO, CAO, and CFO Robert Rivet had kind words for the now-departing engineers, saying "We believe the talented AMD Handheld employees will be a great asset to Qualcomm."

The former AMD engineers, according to the joint statement, will now focus on "developing technologies to enhance mobile devices in areas including 2D and 3D graphics, audio/video, display, and architecture" for Qualcomm's system-on-chip (SoC) products.

According to AMD spokesperson Jo Albers, the Qualcomm acquisition does not include AMD's Imageon brand and product line, as can be inferred from some other articles about the deal.

Albers said that AMD will continue to service its customers who use Imageon media-processing chips, such as the M180 Media Processor used in last year's LG KC550 mobile phone and media player.

The sale of assets from its handheld division, coupled with yesterday's announcement that the company's upcoming dual-core Neo chip and Congo platform will be aimed above the fast-growing netbook space, suggest that AMD is content to leave the bulk of consumer electronics-level chippery to Intel, VIA, Imagination Technology, and others.

Interesting - considering that's where the bulk of the market growth has been recently. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.