AMD, Micron To Go Private?

by Marco Chiappetta — Tuesday, May 29, 2007, 04:30 PM EDT

According to a story on EETimes, rumors were circulating last week that claimed AMD and Micron (among others) were planning to go private. We don't know how much truth there is to this rumor, but considering AMD's current financial situation, it's likely the company is exploring a number of possible routes and going private is just one of their options.

"Rumors are running rampant that AMD, Micron and Lexmark are separately mulling over plans to go the private-equity route, according to various reports.

There were other rumors last week. Oracle was rumored to make a bid for SAP, Nokia would make a bid to buy Research in Motion, and Tokyo Electron Ltd. (TEL) would buy Lam Research Corp., according to SG Cowen Securities Inc. (New York).

But private equity dominated the rumor mills. According to the IdahoStatesman, Micron Technology Inc. is rumored to be a buy-out candidate amid wild activity with its stock late last week."

As always, take these rumors with a very big grain of salt. Time will tell.

Tags: AMD, Micron, MIC, Micro, AM

Marco Chiappetta

Marco's interest in computing and technology dates all the way back to his early childhood. Even before being exposed to the Commodore P.E.T. and later the Commodore 64 in the early ‘80s, he was interested in electricity and electronics, and he still has the modded AFX cars and shop-worn soldering irons to prove it. Once he got his hands on his own Commodore 64, however, computing became Marco's passion. Throughout his academic and professional lives, Marco has worked with virtually every major platform from the TRS-80 and Amiga, to today's high end, multi-core servers. Over the years, he has worked in many fields related to technology and computing, including system design, assembly and sales, professional quality assurance testing, and technical writing. In addition to being the Managing Editor here at HotHardware for close to 15 years, Marco is also a freelance writer whose work has been published in a number of PC and technology related print publications and he is a regular fixture on HotHardware’s own Two and a Half Geeks webcast. - Contact: marco(at)hothardware(dot)com