Items tagged with Board of Directors
It's been two days since AMD's Board of Directors announced it was firing then-CEO Dirk Meyer and new information on the board's reasoning has begun to appear. As we suspected, it was Meyer's decision not to focus on a new ultra-mobile processor that incurred the board's wrath. The particular incident in question is believed to be the decision to sell AMD's Imageon technology to Qualcomm in January of 2009 for $65 million. Qualcomm took the ARM-based Imageon core, integrated it with the company's own Snapdragon SoC, and has produced a line of profitable handsets. This, apparently, cheesed the BoD... Read more...