June 14, 2006 – Fabless semiconductor company Raza Microelectronics Inc., Cupertino, CA, has agreed to acquire AMD’s MIPS-based Alchemy processor line and operations, and AMD will become an investor in the company. The two firms characterized the deal as the beginnings of “a broad strategic relationship” in a number of areas.
The Alchemy line includes a portfolio of high-performance, low-power embedded processors, targeting a wide range of applications in multimedia, access, and computing devices, as well as potential applications in communications and consumer markets. RMI stated that is “committed to a significant investment in designing and extending the Alchemy product family and roadmap.”
“Having a high-performance offering optimized for low-power applications enables us to leverage our existing successes in the networking and security markets, and significantly extends our customer penetration into the consumer electronics markets,” stated Atiq Raza, RMI chairman and CEO.
Among the areas in which the companies plan to collaborate is AMD’s recently announced “Torrenza” platform, which aims to integrate third-party co-processors and accelerators with AMD’s multicore 64-bit Opteron-based processor in multi-socket systems, utilizing Direct Connect Architecture and HyperTransport, and eventually an HTX expansion slot.