AMD won't be selling its self whole for now
Subject: General Tech | November 14, 2012 - 12:59 PM | Jeremy Hellstrom
Tagged: fud, amd
AMD did not refute The Register's report that they are in talks with J.P. Morgan, only that there are no plans to sell the company right now. The possibility that some intellectual properties might be for sale to the right bidder at the right price was not completely refuted though. AMD is not just tasked with keeping PC users interested in their company they also have shareholders to answer to, who recently have had less to thank the company for than the enthusiast crowd have. Recent announcements for new chips for the server room as well as the integration of an ARM processor into future AMD chips could be good news for AMDs bottom line in the future but for short term gain they may need to look at new licensing agreements or selling off some assets.
"Soon after we clicked Publish on this story, we received a comment from an AMD spokesman. "AMD's board and management believe that the strategy the company is currently pursuing to drive long-term growth by using AMD's highly-differentiated technology assets is the right approach to enhance shareholder value," he wrote. "AMD is not actively pursuing a sale of the company or significant assets at this time.""
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