According to the latest report it appears that negotiations between AMD and private equity firm Silver Lake that was reportedly looking to buy a 25 percent of stake have stalled and are currently on hold.

According to a report from Bloomberg, the negotiations between AMD and Silver Lake, a private equity firm, have stalled and have been put on hold after two could not agree on the price and future strategy of the company.

AMD has been struggling for a while and the recent report that AMD is looking to sell a 25 percent stake to a private equity firm Silver Lake Management did not come as a big surprise. AMD stock price has reached it lower point in history in July, reaching $1.61 and closed yesterday at $1.66. The company is on course to report a 28 percent decline in revenue by the end of this year and its value is currently set at around US $1.3 billion, which is less than a quarter of what AMD payed for ATI back in 2008.

According to the same report from Bloomberg, AMD is also considering other strategic options. There have been plenty of rumors regarding AMD acquisition recently, pointing Microsoft as the most viable options.

AMD is preparing to launch its new Zen CPU architecture soon as well as its new GPUs based on 14nm FinFET manufacturing process which should provide a significant boost for the company but the company is still struggling with its long-term roadmap as both Intel and Nvidia are holding their prime in the CPU and GPU markets.

AMD will report its Q3 2015 financial results sometime next month and hopefully we will hear more information regarding the state of the company then.



Source: via Wccftech.com.