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05.02.2006 - ATI acquires Bitboys Oy, a leading developer of mobile graphics technology



View ATi-press related news. MARKHAM, ONTARIO, May 2, 2006 (CCNMatthews via COMTEX News Network) -- ATI Technologies Inc. (TSX:ATY)(NASDAQ:ATYT) has acquired privately held Bitboys Oy, a 15-year veteran of the graphics industry for up to EUR 35.2 million (about US$44 million). The final value is subject to certain performance-related conditions. Bitboys brings valuable engineering experience, technology and customer relationships that enhance ATI's existing mobile phone multimedia offerings. Based in Finland, the Bitboys team will be fully integrated in to ATI's Handheld Business Unit, and form the nucleus for a key design centre for ATI in Europe.

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NID: 10327 / Submitted by: TACKtech Team
Categories: Press Release
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