lone star campus

AMD Sells Texas Facility and Leases It Back

Posted 03/13/2013 at 9:55am | by Paul Lilly

9

Comments

AMD gets creative in its pursuit of cash.

Advanced Micro Devices (AMD) this week entered in an agreement to sell and lease back its Lone Star Campus located in Austin, Texas. The new owner will be 7171 Southwest Parkway Holdings, LP, an affiliate of real estate investment company Spear Street Capital. AMD says the sale is expected to generate $164 million in cash, the proceeds of which will be reflected in the chip designer's Q1 financial statement.

Featured Content

Google I/O 2013: Everything You Need to Know

How to Download Without Installing Malware

A PSA on how to download

I Won a $3K Gaming Rig from Maximum PC

Five questions with the winner of our Maingear/AMD giveaway

No BS Podcast #202: Intel's New Atom, Adobe Creative Cloud, Seagate SSDs, Windows 8 sales

Now with HD video!

Computer Cases Roundup

7 computer cases reviewed: Cooler Master HAF XB, Cooler Master Scout 2, MSI Stealth,...

Connect with MaximumPC

This month's issue

Feature

Best Free Software

Feature

Nvidia's GTX Titan

How To

Investigate System Hang-ups with Process Explorer

Build It

Play Crysis 3 on a Budget

Most Commented Articles

327Comments

LulzSec Hacker Receives One-Year Sentence for Sony...

184Comments

Windows 8 Review

157Comments

Windows 8 Sales Reach 100 Million Licenses, Should...

155Comments

Nvidia Calls The PS4 “Low End”

136Comments

PlayStation 4 Announced, Packs 8-Core AMD 'Jaguar...

Latest Max PC Tweets

maximumpc: @allc0re But of course :)12 hours 9 min ago
maximumpc: HTC First with Facebook Home launcher reportedly being discontinued just one month after launch: http://t.co/Lp9DHUGgIb12 hours 9 min ago
maximumpc: @Dethwise I think she was a blonde.22 hours 39 min ago

MaximumPC on Facebook

Recommendations