AMD slims down, sells digital TV business to Broadcom

Courtesy ZDNET - Between the Lines  Mon, 08/25/2008 - 4:46am

Broadcom said Monday that it has acquired AMD’s digital TV business for $192.8 million in cash in a move that’s a win-win for both parties.

For AMD, the sale offloads a business that wasn’t a priority and allows the chipmaker to save capital expenses while raising some cash.

For Broadcom, the purchase makes it a player [...]


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