Brief: Acceleware Announces $2.5 Mln Agreement With Advanced Micro Devices

Acceleware

22/10/2018 12:07

Oct 22 (Reuters) - Acceleware Ltd:
    * ACCELEWARE LTD. ANNOUNCES US$2.5 MILLION AGREEMENT WITH
ADVANCED
MICRO DEVICES, INC
    * ACCELEWARE LTD - WILL RECEIVE CASH COMPENSATION OF US$2.51
MILLION FROM AMD IN EXCHANGE FOR CUSTOM SOFTWARE ENGINEERING
RESOURCES AND CONSULTING SERVICES
    * ACCELEWARE LTD - AS PART OF AGREEMENT, CO'S CUSTOM
SOFTWARE
DEVELOPMENT TEAM WILL TRANSITION TO A NEW AMD SITE IN CALGARY
    * ACCELEWARE LTD - WILL ALSO PROVIDE CONSULTING SERVICES TO
AMD
    * ACCELEWARE LTD - WILL USE US$2.51 MILLION LARGELY TO
FINANCE ITS
PREVIOUSLY ANNOUNCED RF XL COMMERCIAL-SCALE TEST

Source text for Eikon:  ID:nCNWlZj4ga 

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