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[Zdnet]AMD "We are not for sale"

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post #1 of 114

11/14/12 at 11:56am

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Paratrooper1n0
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Quote:

Chip maker AMD has strenuously denied claims that the company has hired a bank to seek a potential buyer, which could include the sale of the entire company.

The rumor kicked off when three sources familiar with the situation told Reuters that AMD had hired J.P. Morgan Chase & Co. to "explore options" ranging from a "sale of its portfolio of patents" to "outright sale of the company," although the latter option is described as "not the main option".

Source: http://www.zdnet.com/amd-were-not-for-sale-7000007416/

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post #2 of 114

11/14/12 at 12:00pm

Foxrun
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This is good for all of us

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post #3 of 114

11/14/12 at 12:01pm

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There's a price for anything.

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post #4 of 114

11/14/12 at 12:08pm

Raiden911
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...yet

Quote:

Originally Posted by lordikon

There's a price for anything.

tru.

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post #5 of 114

11/14/12 at 12:10pm

joshd

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Thank goodness

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post #6 of 114

11/14/12 at 12:21pm

TwilightEscape
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Quote:

"explore options" ranging from a "sale of its portfolio of patents" to "outright sale of the company," although the latter option is described as "not the main option".

This means that it is still on the table though. They're trying other avenues but if worst comes to worst they will have to think over the option of selling off some or all of the company. They obviously don't want to but it's still possible that if things keep going downhill they will have no more bargaining chips or catch nets to save them. Unfortunate really but if they do end up selling it would be nice for a useful competitor to purchase all or part of the company and continue giving Intel and Nvidia a run for their money.

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post #7 of 114

11/14/12 at 12:33pm

Lefty67
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Maybe Intel should throw another couple millions to them so they can stay in business

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post #8 of 114

11/14/12 at 12:35pm

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Paratrooper1n0
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Quote:

Originally Posted by Lefty67

Maybe Intel should throw another couple millions to them so they can stay in business

We're not talking about Sharp. AMD has connections, it will survive.

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post #9 of 114

11/14/12 at 12:37pm

conntick

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Quote:

Originally Posted by Lefty67

Maybe Intel should throw another couple millions to them so they can stay in business

Might actually be a viable business plan, on a count of they'll be marked a monopoly if AMD steps out of the game.

post #10 of 114

11/14/12 at 12:51pm

TopicClocker
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"We are not for sale" "We are Legion"

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