AMD Sells DTV Biz To Broadcom

Advanced Micro Devices has sold its Digital TV business to Broadcom for $192.8 million, the two companies announced jointly Monday morning.

The deal includes Sunnyvale, Calif.-based AMD's Xilleon integrated DTV processors and turnkey reference designs, NXT receiver ICs, the Theater 300 DTV processor and a line of panel processors that perform advanced motion compensation, frame rate conversion and scaling, according to the companies. The 530 AMD employees on its DTV team will be able to join Irvine, Calif.-based Broadcom, the two companies said in a statement.

View: The full story @ CRN

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