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Technology Stocks : Intel Corporation (INTC)
INTC 47.29+7.3%3:59 PM EST

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To: Tony Viola who wrote (157922)2/6/2002 9:23:29 PM
From: Dan3  Read Replies (3) of 186894
 
Re: Also, was it a friendly buyout?

This is just speculation, but they most likely turned down more money from Intel for a chance to become part of AMD.

I'm basing that guess on the weird lag between the time of the initial new leaks and the actual announcement. I'm sure it was like the X-box chip that AMD had all but won, and the corporate desktop placements that AMD had received assurances on. Intel got wind of it, and tried to bribe those guys away from AMD.

There is no way AMD could afford what Intel would have offered, so it looks like the folks at Alchemy just decided it would be better to be working at AMD with Dirk Meyer in charge of strategic development, than at Intel with Comrade Lysenko's spiritual heirs dictating that Rambus was a faster, cheaper, memory product - no questions allowed - so the proletariat engineers had better learn to love it...

It should have been worth a heck of a lot of money to Intel to buy this particular technology and bury it. But some people are just more interested in the work than the money.
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