AMD Opens New Offices For Personal Connectivity Solutions Group
New business group targets non-PC Internet appliance market with low-power, high-performance Alchemy™ Au1 core processors from AMD
AUSTIN, TX --
AMD (NYSE: AMD) today announced the opening of new offices in Austin for its Personal Connectivity Solutions Group (PCS). An open house ceremony, at 9500 Arboretum Boulevard, begins at 11:15 am today and will include speeches by AMD President and CEO Hector Ruiz, Austin Mayor Gus Garcia, and MIPS Technologies Inc. President and CEO John Bourgoin, followed by a ribbon cutting and a brief tour of the new offices.
“One of the most important benefits of technology is connectivity,” said Hector Ruiz, president and CEO of AMD. “Connectivity devices will explode in capability and perceived value as we enable new applications utilizing wired and wireless broadband pipelines.
“Our new Personal Connectivity Solutions Group, which we’re recognizing today, was formed with the acquisition of Alchemy Semiconductor in February of this year,” Ruiz continued. “This acquisition provided an entry for AMD into the non-PC Internet appliance market, meeting a key request from customers of AMD’s Computation Products Group (CPG) and Memory Group (MG). Today’s festivities are a celebration of our new business group and new direction for AMD.”
The non-PC Internet appliance market includes devices such as web tablets, automotive navigation and entertainment systems, home and small office networking, and communication devices.
The PCS product line includes the Alchemy line of highly integrated, low-power, high-performance MIPS® technology-based system-on-a-chip (SoC) processors, AMD’s legacy embedded processors, as well as AMD’s networking and communications technologies. These offerings provide balance to AMD’s product portfolio and position the company for success in this emerging market.
“AMD is determined to meet the needs of its customers through our world-class design team and strong industry partnerships, ” said Dr. William Edwards, vice president and general manager of AMD’s PCS group. “Our executive team includes such world-renowned figures as Rich Witek and Greg Hoeppner – architect and design lead of the Strong ARM processor – and Dr. Mike Johnson, who literally wrote the book on super-scalar processing. These are experts whose passion for their work has made them best-in-class. This talent, combined with the ability to leverage technology and sales support from AMD’s CPG and MG organizations, provides a crucial competitive advantage.”
“AMD’s global success has been based on strong partner relationships,” said Ruiz. “We also believe in strong community partnerships, and are determined to be responsible, reliable corporate citizens in the communities in which we do business. I am happy that AMD has this opportunity to establish another office in Austin, Texas, and to continue working with the Austin community.”
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor’s 500 company, produces microprocessors, Flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $3.9 billion in 2001. (NYSE: AMD).
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