ATI Technologies Completes Plan of Arrangement with Advanced Micro Devices

On October 25, 2006, ATI Technologies Inc. (ATI) was acquired by an affiliate (the purchaser) of Advanced Micro Devices, Inc. (AMD). On July 23, 2006, ATI had agreed with the purchaser and AMD to a transaction under which all of its shares were to be acquired under a plan of arrangement under the Canada Business Corporations Act. ATI's shareholders approved the transaction on October 13, 2006 and the Ontario Superior Court of Justice approved the plan of arrangement on October 17, 2006. Under the terms of the plan of arrangement, ATI's shareholders received either cash or shares of AMD stock for each ATI share held for aggregate consideration valued at approximately US$5.4 billion at the time of closing.

ATI's legal team was led by Richard Brait, general counsel, with assistance from David Kleiman, Linda Lam, Sheldon Silverman, Kevin O'Neill and Matthew Vella of ATI's legal department. ATI was assisted by: Shearman & Sterling LLP (US counsel) with a team led by Christopher Cummings and Adam Givertz that included Nathaniel Asker, Tom Bainbridge, Beau Buffier, Laurence Crouch, Kristen Duke-Richardet, Christopher Dumper, Jeremy Grushcow, Tyresse Horne, Christy Lai, Adam Lewinberg, Scott Lyne, Tina Patel, Brian Polovoy, Jason Pratt, Kenneth Prince, Matthew Readings, James Webber and Ann Woo; Goodmans LLP (Canadian transaction counsel) with a team led by Jonathan Lampe and Sheldon Freeman that included Jonathan Feldman and Karen Karvat (corporate/securities), Yi-Wen Hsu and Jon Northup (tax), Tom Friedland and Rachelle Dickinson (litigation), Richard Annan (competition) and Robert Vaux (Investment Canada); Gowling Lafleur Henderson LLP (Canadian corporate counsel and counsel to the transaction committee) with a team led by Dean Blain that included Kathleen Ritchie, Bryce Kraeker, Gloria Geddes, Paul Fornazzari, Don Ross, Peter Koch, Beatriz Orrantia and Blair McKechnie; and Wilson Sonsini Goodrich & Rosati (special technology counsel) with a team that included Scott Sher (antitrust) and Selwyn Goldberg (technology).

AMD's legal team was led by Harry Wolin, its senior vice-president and general counsel, with assistance from Faina Medzonsky, Jeff Worth, Beth Ozmun, Shaun Moore, Russell Horn, Kent Cooper, Greg Triber, Beth Apperley, Keith Witek, and Katy Wells of AMD's legal department. AMD was assisted by: Latham & Watkins LLP (US counsel) with a team led by Christopher Kaufman and Tad Freese that included Nicholas O'Keefe, Connie Chen, Jamie Leigh, Russell Cole (corporate transaction), Cindy Leeper, Sarah Slayen (corporate finance), Anthony Klein, Timothy Ehrlich, Christopher Hazuka, Signe Holmbeck, John Marple, Amanda Weare, William Weesner (corporate technology transactions), Anthony Fenwick, Patrick Gibbs, Sydney Smith, Jeanne Berges, Amy Stein (intellectual property), Joseph Yaffe, Alice Chung, James Metz (tax benefits and compensation), Nicholas DeNovio, Samuel Weiner, Timothy George, Kimberly Kempton (transactional), Abbott Lipsky, Karen Silverman, Melanie Griswold, Joshua Holian (antitrust), Karl Karg (environmental), Arlene Richman, Andy Xi Chen, William Bryan Lytton (real estate), Francois Mary, Alexandre Katzner, Nathalie Marchand, Clelie Solier, Kiyofumi Takata, Kuang Tang, Rudolf Haas, Christoph Baus, Kay Tidwell, Volker Vogt, Jennifer Goode, Susanne Zuehlke; and McCarthy Tétrault LLP with a team led by David Woollcombe that included Gary Girvan, Karl Tabbakh, Suzanne Murphy, Philippe Fortier, Matthieu Rheault and Theo Colombo (corporate securities), Oliver Borgers (competition), Gabrielle Richards and Doug Cannon (tax), Michael Barrack and Erica Baron (litigation), Jamie Orzech (real estate), Alfred Macchione (intellectual property), Trevor Lawson and Joanna Carvalho (employment), Lorraine Allard and Gareth Gibbins (pensions), and Tallat Hussain (environmental).