Confirming rumors that circulated over the past few weeks on the Internet, AMD and ATI today unveiled their plans for creating a "processing powerhouse." While details about the deal, which has been discussed with questionable effects in some places, are scarce at this time, AMD highlighted that ATI will be essential to drive the company into new growth areas.
http://www.tgdaily.com/2006/07/24/amd_acquires_ati/