Phoenix Technologies and AMD Expand Strategic Technology Relationship

Phoenix Technologies and AMD announced an expanded strategic technology relationship on March 16, 1999, aimed at jointly developing software-enabling technologies and products for current and future AMD solutions. The agreement formalizes and expands the cooperative relationship between the two companies, extending their presence in the desktop and portable PC markets. This partnership will also address new areas such as high-performance server and workstation systems based on the AMD-K7 processor and internetworking, telecommunications, and industrial control solutions.

Key Takeaways:

  • The partnership between Phoenix Technologies and AMD is aimed at jointly developing software-enabling technologies and products for current and future AMD solutions.
  • The agreement formalizes and expands the cooperative relationship between the two companies, extending their presence in the desktop and portable PC markets.
  • The partnership will address new areas such as high-performance server and workstation systems based on the AMD-K7 processor and internetworking, telecommunications, and industrial control solutions.
  • Phoenix Technologies will provide software products fundamental to the operation of hundreds of millions of electronic devices, including PCs, peripherals, and Internet appliances.
  • AMD will produce processors, flash memories, programmable logic devices, and products for communications and networking applications.

Statistics:

  • Phoenix Technologies has hundreds of millions of electronic devices in use each day, including PCs, peripherals, mobile communications devices, and Internet appliances.
  • AMD had revenues of $2.5 billion in 1998.
  • The partnership is expected to see significant growth in the coming years, with new areas of focus including high-performance server and workstation systems and internetworking, telecommunications, and industrial control solutions.

Sources:

  • Business Wire, "Phoenix Technologies and AMD Expand Strategic Technology Relationship" (March 16, 1999)
  • Phoenix Technologies Ltd., "About Phoenix Technologies" (www.phoenix.com)
  • Advanced Micro Devices, Inc., "About AMD" (www.amd.com)
  • Phoenix Technologies Ltd., "Note to Editors" (March 16, 1999)