AMD Takeover ATI

In a massive buyout worth approx. $5.4 billion dollars, AMD have purchased ATI. The purchase has been approved by both boards and now has to be approved by ATI shareholders. AMD are reported to be looking to purchase companies with three letter acronymns starting with the letter A. Could AMP be next on the cards? Rumours were circulating around the internet late last week regarding the buyout with the move being confirmed yesterday.

On a more serious note, what is happening with the world market? We are meant to see a diversity in business. In theory open markets should provide greater opportunities for consumers to have more purchasing options. However, theory and reality are two different things. To paraphrase Homer Simpson, "Everybody knows that Communism works in theory." What we are seeing is fewer options with big businesses getting bigger, some of them have turnovers greater than small countries. We see a marketplace with it becoming harder for smaller businesses to compete. Rather than see diversity we see the exact opposite.