Advanced Micro Devices, Inc. acquires custom software engineering resources and consulting services from Acceleware Ltd.

22 October 2018
Client work

On Oct. 22, 2018, Acceleware Ltd. (TSXV: AXE) announced that it had signed an agreement with a Canadian affiliate of Advanced Micro Devices, Inc. (NASDAQ: AMD) ("AMD").

Under the agreement, Acceleware will receive cash compensation of US$2.51 million from AMD in exchange for custom software engineering resources and consulting services.  As part of the agreement, Acceleware's custom software development team will transition to a new AMD site in Calgary, expanding AMD's existing footprint in Canada. Acceleware will also provide consulting services to AMD.

Gowling WLG advised AMD with respect to the negotiation of this agreement with a team that included Bryce Kraeker, Jennifer Koschinsky and Zafar Jaffer.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.
Related   Tech, Corporate Commercial

Related Insights & Resources

View all insights Related Insights & Resources
Client work
10 September 2020 ACTO completes cross-border acquisition of Scrimmage following Series A financing
Client work
27 August 2020 ACTO Technologies closes $11.5 million Series A round
road closure with stop sign Articles
21 August 2020 Canada bans imports of forced labour goods: Now what?

Team

Download or print PDF