Oracle-backed Ampere Computing has been working with a financial advisor over the past few months regarding a potential sale, Bloomberg’s Ian King, Ryan Gould, and Liana Baker report, citing people familiar with the matter. Ampere is said to be open to talks with a larger industry player on a potantial transaction, the report states, also indicating that the talks suggest that Ampere does not see an easy path toward an IPO.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORCL:
- Intel lands AWS deal, prepares for possible factory split: Morning Buzz
- Unusually active option classes on open September 17th
- Oracle’s Opera Cloud hospitality management platform selected by Hyatt
- Melius upgrades Oracle to Buy on accelerating revenue growth
- Early notable gainers among liquid option names on September 16th
Questions or Comments about the article? Write to editor@tipranks.com