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AMD sale gets approval of ATI shareholders

ATI has announced that its shareholders have voted "overwhelmingly" to approve the purchase of fellow chip-maker AMD.

ATI has announced that its shareholders have voted "overwhelmingly" to approve the purchase of fellow chip-maker AMD.

The deal, which was first announced last July, is set to complete next week after 99 per cent of shareholders voted in favour of it going ahead.

From then on, ATI will continue to make high-end graphics cards, and will also focus on producing more integrated graphics solutions.

The deal is worth an estimated USD 5.4 billion (4.3 billion Euros) in cash and shares.

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Ellie Gibson

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Ellie spent nearly a decade working at Eurogamer, specialising in hard-hitting executive interviews and nob jokes. These days she does a comedy show and podcast. She pops back now and again to write the odd article and steal our biscuits.