(Post taken from /. news). A long time ago, in what feels like a different universe, Cyrix created the first sub-$1000 PC based on a 2 chip solution called the Media-GX. Soon after National Semiconductor bought Cyrix, keeping the Media-GX team and selling the 686MX team to VIA. In the meantime, the Media-GX team have created the a series of single chip PCs, and a totally new CPU, the GX2. Now National Semiconductor is selling the division to AMD, which should give it a higher profile and better fab technology again.
eWeek has more details on the acquisition. In an unrelated note, while browsing this site I went through a Windows Server 2003 ad, interesting way Microsoft is advertising this product "Unix level reliability > Without a Unix-level budget".