Date: 01/09/2008

Broadcom acquired digital TV business from AMD

A definitive agreement has signed by Broadcom and Advanced Micro Devices (AMD) allowing Broadcom to acquire digital TV business of AMD. More than 530 members of AMD's DTV business will join Broadcom.

The DTV product line from AMD includes Xilleon integrated DTV processors and complete turnkey reference designs, NXT receiver ICs, Theate 300 DTV processor, and a line of panel processors that perform advanced motion compensation, frame rate conversion and scaling.

With this sell-off, AMD plans to focus and invest more into profit making businesses of microprocessors and graphic processors.

The value of the deal is $192.8 million.