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Updated: AMD and Broadcom announced a deal that will allow Broadcom to buy AMDs Digital Television (DTV) business for $192.8 million. AMD first acquired the Digital Television division when it bought ATI in 2006, but the division had been underperforming and AMD shut the division down earlier this year to avoid additional financial losses. The deal is expected to strengthen Broadcoms digital television offering and allow AMD to concentrate on its core processor business.
- Advanced Micro Devices has agreed to sell its underperforming Digital Television (DTV) business to Broadcom for $192.8 million, the two companies announced Aug. 25. The deal, which is expected to close sometime in the fourth quarter of 2008, is a significant step forward for AMD, which has suffered...

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