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AMD Businesses Technology

AMD Hires Bank To Explore Sale Options 226

Posted by Soulskill
from the who-gets-what's-left-of-ATI dept.
Dainsanefh tips this report from Reuters: "Advanced Micro Devices has hired JPMorgan Chase & Co to explore options, which could include a potential sale, as the chipmaker struggles to find a role in an industry increasingly focused on mobile and away from traditional PCs, according to three sources familiar with the situation. ... Some investors believe part or all of AMD could be bought by a technology company that might want to emulate Apple Inc's tight control of software and components, a strategy credited in part for the success of the iPad and iPhone. Microsoft Corp, Google Inc, Samsung Electronics, Intel Corp and even Facebook Inc have been suggested by Wall Street analysts as potential suitors that could benefit from some of AMD's chip business, including its graphics division, PC processors and server chips. Others say AMD's most valuable asset may be its deep bench of engineers or its patents." Update: 11/14 01:44 GMT by S : In an emailed statement, an AMD representative said the company "is not actively pursuing a sale of the company or significant assets at this time."
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AMD Hires Bank To Explore Sale Options

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