AMD Will Retain Its Network Products Division.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--March 30, 2000 AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. (NYSE NYSE See: New York Stock Exchange :AMD) announced today that it will retain its Network Products Division, which supplies integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. for data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. and computer connectivity. The company said that Donaldson, Lufkin, & Jenrette and Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. remain engaged for the purpose of selling the assets of its Communications Products Division, which provides integrated circuits for telecommunications infrastructure applications. The Communications Products Division and the Network Products Division currently comprise the Communications Group. The company said it reevaluated its plans to sell the product lines of the Network Products Division in light of growing demand for processor-centric integrated solutions for high-performance networking applications and Internet access See how to access the Internet. . About AMD AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets. AMD produces microprocessors, flash memories, and integrated circuits for communications and networking applications. Founded in 1969 and based in Sunnyvale, Calif., AMD had revenues of $2.9 billion in 1999. Visit AMD on the Web Additional press releases and information about AMD and its products are available at http://www.amd.com/news/news.html. Note to Editors: AMD, the AMD logo and combinations thereof are trademarks of Advanced Micro Devices, Inc. |
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