ATI buys Chinese XGI

ATI has the acquisition of Shanghai-based Macrosynergy, an XGI Technology alliance company, as well as related personnel working out of XGI Technology’s Santa Clara, California location.

The company believes that the acquisition will increase the company’s presence in? China and add further research and development capability? "This transaction brings ATI two important elements – presence in a country that is emerging as the next big technology market, and a team of engineers that are highly skilled in our key product areas," said Dave Orton, ATI?s president & CEO.