SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: shane forbes who wrote (5227)4/29/1998 1:50:00 PM
From: ILCUL8R  Respond to of 10921
 
Here is an article (from UK) and its URL.

I was surprised no news service in the USA picked it up, at least
that I have seen. Perhaps it is all just rumor.

It speaks to talk of AMD's demise, as we know it.

theregister.co.uk

AMD close to sell-off

Triple move will end all problems

Posted 23 April 1998

A source close to AMD's plans told The Register today how the company
will be disposed of.

According to the senior executive, AMD will be divided into three
parts, as CEO Jerry Sanders nears retirement.

The K6 chip part, the source said, is likely to end up in IBM
Microelectronics hands. The profitable and lucrative networking
business will be spun off as a separate unit. And the third,
logic unit, is likely to be sold to the biggest bidder.
3Com is the favourite for the third part.

National Semiconductor, the executive said, will not get a look
into the sale. He said that Jerry Sanders, CEO of AMD, is insistent
this does not happen. IBM Micro, which shares the same offices
in Geneva as AMD Europe, is the natural choice for a partner.

There is a precedent for the second part, he said, citing Advantis.
To maximise shareholders' money, the networking unit will continue
under the name AMD.

The logic unit is up for grabs because AMD has a number of top - ex
Synoptics engineers - which can deliver solutions in the Ethernet
market, the executive said.

The deal, he said, was likely to happen sooner rather than later.
Jerry Sanders is 59 and is understood to want to retire soon.
No one from AMD could comment at press time on this speculative
story delivered by a senior executive.