Processor manufacturer AMD has a tough year behind it and it is expected to get worse before it turns around. This has contributed to rumors of acquisitions taking turns during the year. It is now clear that the information may well be more than loose rumors and that the company is actually looking for a buyer, or at least a partner who wants to invest in the company.
According to sources to Bloomberg, AMD has during the summer held talks with Silver Lake Partners about selling about 25 percent of the company to the investment company. At the same time, it appears that the discussions have been put on hold for the time being, as the parties could not agree on a price and a strategy for the processor maker. AMD currently has a market value of about $ 1.3 billion.
As a result of the stranded talks, AMD is now considering other alternatives, which could be closer to other investment companies or a sale of the entire business. For the latter, several names have been circulating during the year, with the most likely alternatives being Microsoft, Samsung and Qualcomm.
Regardless of the outcome, there are increasing indications that AMD may need outside help. In an analysis compiled by Bloomberg, the company’s revenues are estimated to fall by as much as 28 percent compared with the previous year.