AMD On Foundry Company Split
AMD On Foundry Company Split PDF Print E-mail
Written by Chris Tom   
Wednesday, 11 February 2009 12:17

Hexus discussed with AMD about the Foundry Company split, and how that it qualifies as a subsidiary which would not violate their agreement with Intel.

To get a clearer idea of why AMD is so sure of the status of TFC as a subsidiary we spoke again to Prairie. "We set up the structure of TFC to ensure it's within existing agreements," he said. To prove his point Prairie pointed us to the redacted version of the agreement that can be viewed here, specifically point 1.22 on page three of it. One of the definitions of a subsidiary shown is that one of the parties to the agreement must own at least 50 percent of the voting shares.



Add this page to your favorite Social Bookmarking websites
Reddit! Del.icio.us! Mixx! Free and Open Source Software News Google! Live! Facebook! StumbleUpon! TwitThis Joomla Free PHP