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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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Sega to acquire Angry Birds game creator Rovio for $1 billion

Rovio Entertainment, the creator of the iconic Angry Birds mobile game franchise, may be acquired for $1 billion by Sega, the Japanese video game and entertainment company, the media reported.

According to The Wall Street Journal, Sega is close to buying Rovio and the deal may get closed by early next week.

The original Angry Birds game was a super success in 2009, but the franchise has seemingly fallen off since its 2014 peak.

The original was the first mobile game to reach 1 billion downloads, a record certified by Guinness World Records.

‘The Angry Birds Movie’ was a box-office success and is still the seventh highest grossing video game movie.

Its 2019 sequel, ‘The Angry Birds Movie 2’, did not achieve the same level of success though.

Rovio in February this year removed its original Angry Birds game from Google Play Store, and renamed the Apple iOS version to Red’s First Flight.

“We have reviewed the business case of Rovio Classics: Angry Birds, and due to the game’s impact on our wider games portfolio, we have decided that Rovio Classics: Angry Birds will be unlisted from the Google Play Store from February 23,” the company had said.

‘Rovio Classics: Angry Birds’ will remain playable on devices on which the game has been downloaded, even after it has been unlisted.

Earlier, Israeli developer Playtika was reported to be acquiring Rovio for around $800 million but the deal fell off.

— IANS

The post Sega to acquire Angry Birds game creator Rovio for $1 billion appeared first on Techlusive.



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