Wednesday, February 16, 2011

AMD for sale, Dell is interested.

As far as the stock market is concerned, Advanced Micro Devices may be up for sale. AMD's shares were significantly up yesterday, apparently on rumors that Dell is interested in buying the American multinational semiconductor company. Barron's reported on the rumor first:
I would say the recent departures of senior executives — COO Robert Rivet last week, CEO Dirk Meyer back in January — is still unexplained and can lead to all kinds of speculation. There's not a lot of color on the rumor at this point. Is Dell considering making a more integrated kind of product line? Talk about a change in strategy.
CFO Thomas Seifert is acting as interim CEO but he has said that he doesn't want the promotion to be permanent. Bloomberg followed up on the rumor with quotes from an industry analyst:
"There is no management team there," said Patrick Wang, an analyst at Wedbush Securities in New York. There is some "chatter" that the company is up for sale, he said. "It's a far- fetched possibility."
If AMD ends up being bought out, the purchase by Dell, or any other company for that matter, would be among the biggest the technology industry has seen. It would be of course bigger than when AMD bought ATI in 2006.


My take:
I really don't want to see Dell buy AMD. Dell already bought Alienware, which made people mad.
AMD is a HUGE company, why would they be for sale?


  1. I hate Dell and I hate AMD. This will be sucktastic.

  2. I agree with Joe, they are both suck companies. In my opinion, though, Dell is far worse than AMD. It will be a tragedy to see Dell make any kind of move that will keep it strong.

  3. Wow, interesting. I'm reading about this for the first time.