Feeds

Cyrix, IBM rumour mill cranks up

Insider says there's no truth to takeover...but

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

A Cyrix engineer, who wishes to remain anonymous, has sent his thoughts on the story we carried yesterday about IBM buying the business. He said: "As of now the rumor that has causied the stock to inflate three points is.... well... in my humble opinion a complete and utter mis-truth." He claimed that Cyrix would only be sold to IBM in a linked deal with selling the fab to them too. "Hence, Cyrix parts are the only thing that is filling the fab and IBM is seriously NOT in the market to buy a fab... thus making this a non possibility. But he did say that layoffs were likely to occur. "Word from above has not come down in terms of numbers. I would put my money on this one. It's pretty much common sense -- the company is doing bad --- time to trim." He said rumours about CEO Brian Hall being ousted are unconfirmed, but "seeing as though NSM has posted negative earnings for about four to five straight quarters... it is quite likely that he will get the boot." Cyrix engineers are not organised in different factions, he insists. "There are no factions here at Cyrix who are trying to create a start up company of their own as a result of the poor performance of National as a whole. Again, another mistruth." ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.