AMD Addresses Oracle Takeover Rumors

AMD Addresses Oracle Takeover Rumors

In response to reports that Oracle is poised to buyover AMD, AMD's own CEO Dirk Meyer has stepped out and denied, in no uncertain terms, that the company is not for sale. However, he also said that company is open to any proposals.

The Tech Report - 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.

What do you make of it? A possible hint of what's to come? To read the original report, click here.