Chipmaker Broadcom has agreed to acquire Advanced Micro Devices’ digital television chip business for $192.8 million. About 530 AMD employees will join Irvine, Calif.-based Broadcom after the transaction closes, which is expected to take place sometime during the fiscal quarter ending Dec. 31. AMD is based in Sunnyvale, Calif. “As we announced in our Q2 earnings call, we evaluated the strategic fit of our non-core businesses and determined to divest our consumer electronics group,” said AMD spokesperson Jo Albers.
