Earlier this month we reported that AMD had split its GPU division off into Radeon Technolgoies Group, while the larger chunk of the company was hoping to sell a 20% stake in itself to investment firm Silver Lake.
Well, that deal has fallen through according to Bloomberg, which reports: "Advanced Micro Devices Inc., a struggling competitor to Intel Corp., was in talks to sell about a 25 percent stake to private-equity firm Silver Lake Management before the negotiations stalled, people with knowledge of the matter said".
Bloomberg added: "The two sides, which met over the summer, have put the discussions on hold after failing to agree on a price and strategy, said one of the people, who asked not to be identified because the information is private. AMD is also considering other strategic options, another person said".
Last updated: Apr 6, 2020 at 08:32 pm CDT
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