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AMD filing: ~$2.9B Taalas acquisition, $1.4B contingent on conditions

#amd#taalas#acquisition#ai-chips

AMD disclosed in a regulatory filing that it will pay approximately $2.9 billion in cash and stock to acquire Toronto-based AI chip startup Taalas, with $1.4 billion of that amount contingent on unspecified conditions. The deal was originally announced in August.

Coverage timeline

  1. Techmeme
    Filing: AMD will pay ~$2.9B in cash and stock for AI chip startup Taalas, with $1.4B dependent on unspecified conditions; the deal was announced in August (Murad Hemmadi/Globe and Mail)

    Murad Hemmadi / Globe and Mail : Filing: AMD will pay ~$2.9B in cash and stock for AI chip startup Taalas, with $1.4B dependent on unspecified conditions; the deal was announced in August — Advanced Micro Devices Inc. AMD-Q said Wednesday that it will pay about US$2.9-billion for Toronto-based semiconductor startup Taalas Inc. …

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