Hector Ruiz steps down as AMD CEO

July 17th, 2008 by

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Don’t say the writing wasn’t already littering the walls, because it was. Just months after AMD hacked its workforce by 10% and let its CTO walk away without being replaced, the company’s second CEO after Jerry Sanders has spent his last day in AMD’s biggest corner office. Hector Ruiz has decided to walk away from his role in the flagging outfit, leaving his right hand man (that would be Dirk Meyer) to take over whatever there is to take over. Of note, Mr. Ruiz will still have ties with the company as he remains on its board of directors as “executive chairman,” though it’s hard to say how much influence he’ll have from there. Really though, what’s next?

[Thanks, nehemoth]

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Posted in Processor, breaking news, BreakingNews, ceo, amd, cpu, steps down, StepsDown, business, industry, chipmaker, hector ruiz, HectorRuiz, chip maker | No Comments »

Details emerge on Apple’s acquistion of chip designer P.A. Semi

May 7th, 2008 by

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There weren’t a whole lot of firm details on the reasons behind Apple’s acquisition of chip designer P.A. Semi to be had back when the deal was announced last month, but it seems that a bit of the veil of mystery may now be lifting, at least if the word EETimes is hearing from its unnamed source is to be believed. Apparently, Apple was keen to have P.A. Semi’s crack chip-making team design a new chip for them, but P.A. Semi had “more or less burnt through its venture capital funds,” leaving them unable to take on the project. According to EETimes source, that meant that the only way to get P.A. Semi involved was for Apple to pay off all of P.A.’s investors and bring the company in-house, something they were able to do for a mere $280 million or so. Of course, as EETimes points out, the big question remaining is exactly what it is that Apple wants P.A. Semi to help it out with, and that’s a detail we’d expect to take considerably longer to trickle out.

[Via Mac Rumors]

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Posted in chipmaker, p.a. semi, P.a.Semi, pa semi, PaSemi, apple.chip, chip designer, chip maker, ChipDesigner | No Comments »

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