The computer chip manufacturer, Advanced Micro Devices Inc. (AMD), has agreed to sell the assets that are the foundation of their hand-held semiconductor business. The buyer is Qualcomm Inc. The purchasing price is reportedly $65 million.According to The Wall Street Journal, Qualcomm has agreed to hire some of AMD's ex-employees to be a part of their staff. Qualcomm feels that the new acquisition will bolster their multimedia technologies.
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