There are rumors flying around that IBM is about to take over AMD. The rumor has gained added strength because AMD’s stocks actually rose on these rumors.
There are rumors flying around that IBM is about to take over AMD. The rumor has gained added strength because AMD’s stocks actually rose on these rumors.
I personally think that an IBM takeover will be quite far fetched — if not near impossible. IBM just doesn’t have hardware as a priority at this point. It is moving away from hardware and focusing on software and IT solutions. Over the years, the company has unloaded a lot of its hardware assets — the laptop business was sold to the Lenovo Group, the disk drive business to Hitachi, and just last year the printer business was sold to Ricoh. Buying a hardware company at this point will be a stupid move for the company and will surely rub its stockholders the wrong way.
Let’s see what IBM ’s next moves will be.
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