AMD's Meyer addresses Oracle takeover rumors


— 9:57 AM on October 7, 2010

Industry CEOs rarely comment on rumors, but it's always fun when they do. This time, as Reuters reports, AMD's Dirk Meyer has addressed a recent report about the possibility of Oracle purchasing his company. His statement is ever so slightly ambiguous, though:

"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 told an industry conference in Barcelona on Wednesday.

The first part of the response seems definitive enough. The second part, however, almost sounds like a retraction to me. Maybe Meyer is saying he'd only open to some sort of partnership, like, say, Oracle buying a stake in AMD. A full acquisition could also benefit shareholders, though. Hmm.

Of course, as we said last week, AMD isn't the only candidate for an Oracle takeover. Larry Ellison's desire to purchase chip companies might manifest in a buyout of IBM's CPU division, for instance, or possibly even Nvidia.

   
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