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Dirk Meyer: AMD is NOT Up For Sale!

by - source: Tom's Hardware US

Despite rumors of an Oracle purchase, AMD is not up for sale.

Last month Oracle CEO Larry Ellison said during an analyst meeting that the software company may purchase chip manufacturers without specifying likely targets. Ellison added that "silicon is important," and that the company was focused on building its intellectual property portfolio.

Speculations arose, causing shares of ARM Holdings Plc to rise 6.1-percent after the comment while Nvidia took in a nice 3.9-percent jump. AMD shares also shuffled thanks to growing rumors that Ellison had his eye on the second largest x86 CPU manufacturer, however AMD's CEO has now set the story straight.

"AMD is not for sale, but we are happy to listen to any proposal which is in the interest to our shareholders," Chief Executive Dirk Meyer said Wednesday during his keynote address at the Canalys Channels Forum 2010 event in Barcelona, Spain. Meyer must leave the proposal option open for shareholders as AMD is a public company.

Four years ago ATI CEO Dave Orton had a similar stance against an acquisition before AMD assimilated the GPU manufacturer for $5.4 billion in July 2006.

Wednesday AMD shares were up 5 cents (0.7-percent) to $7.03.

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Darkerson 10/06/2010 10:23 PM
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I so hope oracle doesn't buy them. That really would be the nail in the coffin for AMD.

hellwig 10/06/2010 10:25 PM
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"We're not for sale because no one has made an offer, yet."

Depending on the details, AMD shouldn't brush-off a potential sale. They could definitely use more cash to help their business, that $1.2billion Intel paid them off with recently only went towards debt. Although, I don't know what Oracle does with "silicon", but they just purchased Sun a while back, and they must get those Sparc processors from somewhere.

drwho1 10/06/2010 10:26 PM
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Love the girls, did not read, but love the girls!

sliem 10/06/2010 10:26 PM
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Hm, boobs are not for sale? what?

kronos_cornelius 10/06/2010 10:29 PM
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Hooray !

mavanhel 10/06/2010 10:33 PM
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captjack5169 10/06/2010 10:47 PM
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AMD has been a tried a true CPU maker for me for many years I would hope they would stay they are, There doing a good job, and companies that make good products are hard to find.

amk09 10/06/2010 10:51 PM
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Speaking of silicon, that's a beautiful picture right there... ;)

Parsian 10/06/2010 10:52 PM
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AMD is the phoenix... It shall return to full glory in much larger market

scook9 10/06/2010 10:53 PM
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Good products are not hard to find, good products from good companies are hard to find haha

as the companies are usually what turn people away and not the products

jomofro39 10/06/2010 10:55 PM
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mavanhel :
Isn't this what Palm said a bit before HP bought them out?Also, is it just me or does it look like the girl second from the left has really saggy boobs?


1. Every publicly traded company must do what is best for stockholders. Everything has a price, everything.
2. Those are known as "Natural". Your online porn escapades will likely contain few of these.

Camikazi 10/06/2010 10:55 PM
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mavanhel :
Also, is it just me or does it look like the girl second from the left has really saggy boobs?


They look kind of large and gravity does work so...

ares1214 10/06/2010 10:56 PM
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liveonc 10/06/2010 11:12 PM
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soundping 10/06/2010 11:49 PM
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mavanhel :
Also, is it just me or does it look like the girl second from the left has really saggy boobs?


Those are called ear muffs. ;)

HavoCnMe 10/07/2010 12:12 PM
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AMD will never sell....I hope. They may not have the majority of the market but they have a big enough piece of pie. I would tell Oracle $25 Billion if they wanted to even sit down. May take awhile to recoup, but hey everything comes with a cost. JMO

kelemvor4 10/07/2010 12:20 PM
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mavanhel :
is it just me or does it look like the girl second from the left has really saggy boobs?


I was thinking she was the only one in that photo with any to speak of period.

Titanius 10/07/2010 12:39 PM
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If Oracle ever purchases AMD, HELL WILL FREEZE OVER!!!

JeanLuc 10/07/2010 1:16 AM
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Darkerson :
I so hope oracle doesn't buy them. That really would be the nail in the coffin for AMD.



Do you wish to qualify that statement? How would all that extra money for R&D would "a nail in the coffin for AMD"? AMD has limited resources and are trying to compete against Intel who has unlimited resources, lots of designers and Intel's fabs are the most advanced in the world. AMD needs every bit of help it can get.

I can;t see how buying out Nvidia is going to help Oracle unless they really want to move into the GPGPU sector and as for the discrete consumer video card market is a declining market not an expanding one.

icepick314 10/07/2010 1:35 AM
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AMD company is not for sale but those AMD bikini girls are, right?

nebun 10/07/2010 1:40 AM
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if the price is right it will sell

Shin-san 10/07/2010 2:27 AM
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I hope AMD is able to hold off. AMD's ATI acquisition makes it a very balanced chip company.

Anonymous 10/07/2010 2:40 AM
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yes her front side bus does seem a little over cached......

rohitbaran 10/07/2010 2:49 AM
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Quote :Four years ago ATI CEO Dave Orton had a similar stance against an acquisition before AMD assimilated the GPU manufacturer for $5.4 billion in July 2006.

Well, I only hope that this time it is fully true, for I don't want to see a Intel monopolized CPU market. The prices would stay constant forever if AMD vanishes.

ta152h 10/07/2010 3:11 AM
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If Oracle were thinking about buying AMD, do you really think Ellison would be giving HP so much grief? No way in Hell.

eddieroolz 10/07/2010 3:15 AM
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I've heard nothing but bad things from Oracle, so by that merit alone I hope AMD will never sell.

thillntn 10/07/2010 3:49 AM
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Ellison said"silicon is important". By looking at that picture above I agree :).

hawkwindeb 10/07/2010 4:52 AM
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mavanhel :
Also, is it just me or does it look like the girl second from the left has really saggy boobs?

Ok, if that's a problem for you leave her to me... dam she's the best looking one there and as others have said, they're big fake ones would stand up so her's could be real so I like!

BoxBabaX 10/07/2010 5:12 AM
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Oracle is the plague, and they need not infect AMD! No thank you!

Darkerson 10/07/2010 5:23 AM
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JeanLuc :
Do you wish to qualify that statement? How would all that extra money for R&D would "a nail in the coffin for AMD"? AMD has limited resources and are trying to compete against Intel who has unlimited resources, lots of designers and Intel's fabs are the most advanced in the world. AMD needs every bit of help it can get.I can;t see how buying out Nvidia is going to help Oracle unless they really want to move into the GPGPU sector and as for the discrete consumer video card market is a declining market not an expanding one.


Oracle is just horrible, thats why. Sure they may have a ton of money, but that isnt everything. Theyd pick AMD apart and all that would be left is a shell of its former self. And thats assuming they wouldnt just tank it completely after they were done getting what they wanted...

randomizer 10/07/2010 5:36 AM
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Oracle exists to pillage and destroy. AMD will become a mere cog in the corporate machine if they are bought by Oracle.


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