Key Developments For Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc. (AMD.W) (Chicago Board Options Exchange)
Troublemaker Studios Transforms Imagination into Reality On Big Screen With Advanced Micro Devices, Inc. Technology
Advanced Micro Devices, Inc. announced that Troublemaker Studios is using Six-Core AMD Opteron processors and ATI FirePro graphics accelerators to create animations and special effects for its films, including Shorts, now available on Blu-ray and DVD.
Advanced Micro Devices, Inc. Announces Pricing Of Private Offering Of $500 Million Senior Notes
Advanced Micro Devices, Inc. announced that it has agreed to sell $500 million aggregate principal amount of its 8.125% Senior Notes due 2017 in a private offering. The Company intends to close the transaction on November 30, 2009. The Company estimates that the net proceeds from the issuance and sale of the senior notes will be approximately $439 million after deducting original issue discount of 10.204%, the initial purchasers` discounts and estimated transactions expenses. AMD intends to use the net proceeds, along with existing cash, to purchase its 5.75% Convertible Senior Notes due 2012 validly tendered pursuant to the Company's tender offer for such notes, which was previously announced. Net proceeds not used in the tender offer, if any, will be used for general corporate purposes.
Advanced Micro Devices, Inc. Announces Private Offering of $500 Million of Senior Notes
Advanced Micro Devices, Inc. announced that it intends to commence an offering, of $500 million aggregate principal amount of senior notes in a private offering. The Company intends to use the proceeds, along with existing cash, to purchase its 5.75% Convertible Senior Notes due 2012 validly tendered pursuant to the Company's tender offer for such notes, which was also announced. Net proceeds not used in the tender offer, if any, will be used for general corporate purposes.
Advanced Micro Devices, Inc. Introduces ATI Radeon HD 5970
Advanced Micro Devices, Inc. announced the flagship installment in the line of graphics cards, the ATI Radeon HD 5970. The new ultra high-end model joins a growing list of the graphics cards to fully support Microsoft DirectX 11 technology and ATI Eyefinity multi-display technology. Designed to support the demanding PC games at ultra-high resolutions and image quality settings, the ATI Radeon HD 5970 has unlocked overclocking potential, granting access to every bit of power the card has to offer through ATI Overdrive technology.
Intel Corporation and Advanced Micro Devices, Inc. Announce Settlement Of All Antitrust and IP Disputes
Intel Corporation and Advanced Micro Devices, Inc. announced a comprehensive agreement to end all outstanding legal disputes between the companies, including antitrust litigation and patent cross license disputes. Under terms of the agreement, Advanced Micro Devices and Intel obtain patent rights from a new five year cross license agreement, Intel and Advanced Micro Devices will give up any claims of breach from the previous license agreement, and Intel will pay Advanced Micro Devices $1.25 billion. Intel has also agreed to abide by a set of business practice provisions. As a result, Advanced Micro Devices will drop all pending litigation including the case in U.S. District Court in Delaware and two cases pending in Japan. Advanced Micro Devices will also withdraw all of its regulatory complaints worldwide. The agreement will be made public in filings with the Securities and Exchange Commission.
