Applied Materials rumoured to want to buy AMD
http://www.theinquirer.net/default.aspx?article=39110
Tunisia is a-buzz, Daammat
By Charlie Demerjian in Las Vegas: Monday 23 April 2007, 14:45
ONE OF THE HOT rumours floating around is over the sale of AMD. No, not the PE one from last week. This one has Applied Materials (AMAT) buying the firm out. Now, wouldn't that be interesting?
Both AMD and AMAT have denied it vigorously with a confused 'no comment', but we were not expecting anything more. The tie-up makes a bit of snese, and if true, and it is only a rumour right now, it may portend a falling out between AMAT and Intel.
Keep an eye on both companies in the coming weeks, this one has more depth than the usual ones.

Something to watch but i wont hold my breath. :?

With what money?

http://finance.google.com/finance?q=AMAT

Balance Sheet
Total Current Assets 6,405.59
Total Assets 9,808.00
Total Current Liabilities 2,444.20
Total Liabilities 2,841.29
Total Equity 6,966.71

At first glance, they appear to have some balance sheet room to add a few billion in debt. At a market cap of $25B, could be a cash + stock deal.

I'm not too familar with the company, but my understanding is that they had some struggles this year.

Interesting...

@SIRKILLALOT
It is just another BS from the_INQ.
Don't use it as source of information.

AMAT has 3 times more money than AMD.

AMAT has 3 times more money than AMD.

Selling Intel the equipment it needs to make chips is a lucrative business.

If AMAT buys AMD, I would imagine that income would cease to be.

In millions . . .

AMAT
Cash and Equiv 1,068.6
Accts Rec 2,051.6
6,966.7 total equity
Total Liabilities & Equity 9,808.0

AMD
Cash and Equiv 1,380.0
Accts Rec 1,140.0
5,785.0 total equity
Total Liabilities & Equity 13,147

Applied would lose so much bussiness in the industry. I think they make dry etch, litho, planner, diffusion, and some metrology equipment. They would so shoot themselves in the foot doing this. They have real good products and help drive the industry, but nobody wants to feed their competitors and they are not the only game in town.

I never did read the article, it sounds fudish to me though.

This is really dumb rumor time, they must be desperate to find a buyer for AMD. AMAt is a top equipment supplier and is not in the business to compete with Intel or owning fabs for that matter!! 8O

I hear ya!
well i did say ...
"Something to watch but i wont hold my breath. "
its just 1 rumor of about 4-5 companys buying AMD its just so stupid its funny.

Well, I do know a few other fab tool vendors who would love to fill AMAT's shoes if this does happen. Novellus, KLA/Tencor, and Toyoko Electron to name a few.

This would pretty much kill AMAT, since they aren't in the business of making CPUs, GPUs, or anything else like that (that I've heard, anyway), like xpresso mention.

There is no real reason for AMAT to buyout AMD.

Rumor has it that Lays is interested. They want to bump the voltage and repackage them as BBQ Chips and sell them by the bag

I don't work at Applied Materials, but I certainly do work with them. I've heard directly from a number of their employees that they're looking at AMD. I don't know anything more than that, but this time the Inq is not full of shit.

8O 8O Applied has been my fantasy buyer of AMD since last friggen year. I just cant see it happening with applied selling to Intel, Youll have to be alot more convincing to assert that the fags at the inquirer are right on this. Looking at a company and weighing conflict of interest is two hugely different things.

I just dont see it as feasable to be the competitor to intel and loose equipment sales. Youll have to present something more than, "I have heard"......


Look at HP/VooDoo or Dell/AlienWare. I worked for a company that was bought by MS as a subsidiary.

The real connection in that case is just the balance sheet not the operation of the company.

Like I said in the other post I don't have an opinion but stranger things have happened.

I mean Intel opened their FSB. That's definitely a route for ATi to develop XFire logic.

At this point, I actually hope Applied (or someone else) buys AMD out. AMD's leadership is incompetent at best, and someone else needs to take the helm. I would rather not pay double price for Intel products because AMD self-destructed.

If a buyout was already in the works, then the convertable note offering wouldn't be going forward. Same deal with the CC where they announced they were "open" to private equity, they wouldn't have done that if a buyout was in the works.

They've got nobody lined up.