"Rumors have been flying around the Internet early this month in regards to a possible takeover of XGI Technology by ATI Technologies. Initial reports had stated that ATI would acquire XGI on March 03, 2006, however, that date has since passed and we have seen no public word on this matter or official comments. If you will recall, last year there were also speculations of a possible ATI + XGI merger, but those moves were downplayed by the industry and that it would be unlikely if it ever went through. However, it seems as if this possible acquisition is the real McCoy and is likely to proceed. Rumor has it that ATI is in need of some fresh thinking and innovations after NVIDIA had acquired ULi Electronics earlier this year. While ATI was successful in their March 1, 2006 launch of the ATI Xpress 3200 a.k.a. RD580, a Chipset manufacturer take over would be ideal for their expected needs but they have seemed to settle for XGI..."
