ATI Buys XGI
As was earlier anticipated, ATI has today acquired XGI/Macrosynergy. The ATI press release shares a bit more information (although not much more at this time other than their China target and some XGI employees being relocated).
ATI Technologies Inc. today announced the acquisition of Shanghai-based Macrosynergy, an XGI Technology alliance company, as well as related personnel working out of XGI Technology's Santa Clara, California location. With the acquisition ATI immediately increases its presence in Shanghai, China, considered to be the epicenter of China's burgeoning technology market. At the same time the company acquires the research and design expertise of an organization best known for its multimedia add-in boards for personal computers.
We are working on hitting up some interviews with our XGI contacts as well as possibly an interview with ATI's Linux department. It will be interesting to see if this buy-out has any weight on XGI's new open-source strategy that we broke word of late last year.
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