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Microsoft’s deal with AMD for Xbox One’s processor is worth more than $3 billion, a former AMD employee has revealed.

Bob Feldstein, former AMD vice president of Strategic Development, posted an entry on his LinkedIn profile revealing the value of the deal. “AMD provided a custom silicon solution to Microsoft for the Xbox One, a game console and entertainment device,” he wrote.

“My involvement was focused on business management and supply agreement negotiations. This required the coordination of multiple functional teams within AMD, as well as regular customer meetings with leadership teams responsible for handling the challenges of complex, multi-year deals. This project is valued at $3+B.”

AMD also supplies chips for both the PlayStation 4 and Wii U.

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About Matthew Bennett

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Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89

Microsoft’s Xbox One Deal with AMD is Worth Over $3 Billion

By Matthew Bennett | 05/28/2013 05:48 AM PT

News

Microsoft’s deal with AMD for Xbox One’s processor is worth more than $3 billion, a former AMD employee has revealed.

Bob Feldstein, former AMD vice president of Strategic Development, posted an entry on his LinkedIn profile revealing the value of the deal. “AMD provided a custom silicon solution to Microsoft for the Xbox One, a game console and entertainment device,” he wrote.

“My involvement was focused on business management and supply agreement negotiations. This required the coordination of multiple functional teams within AMD, as well as regular customer meetings with leadership teams responsible for handling the challenges of complex, multi-year deals. This project is valued at $3+B.”

AMD also supplies chips for both the PlayStation 4 and Wii U.

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About Matthew Bennett

view all posts

Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89