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Raza, AMD announce relationship, transfer of AMD Alchemy

Posted: 15 Jun 2006 ?? ?Print Version ?Bookmark and Share

Keywords:AMD Alchemy? AMD? processor? invest? Raza Microelectronics?

Raza Microelectronics Inc. (RMI) and Advanced Micro Devices (AMD) announced that the two companies have entered into a broad strategic relationship.

As a key part of this cooperation, RMI will acquire the MIPS-based AMD Alchemy processor product line and operations from AMD. In return, AMD will become an investor in RMI. The Alchemy product line acquisition forms the basis for a relationship between AMD and RMI to cooperate in a number of different areas, including the recently announced Torrenza platform.

The technologies offered in the Alchemy processor line cover applications targeted at multimedia, access and computing devices as well as growth opportunities in the communications and consumer markets.

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