AMD CEO Lisa Su Denied a Rumor She Wants to Replace IBM CEO

AMD CEO Lisa Su rarely tweets, but she made sure to do so Tuesday morning to shoot down a report that she may be leaving the chip giant as she eyes IBM’s top post.

“Just for the record, zero truth to this rumor,” Su tweeted, replying to a Wcctech report that made the claim. “I love AMD and the best is yet to come.”

Still, it appears the question of IBM’s succession is in the air: Last week, a Morgan Stanley analyst said that Jim Whitehurst, CEO of Red Hat, is widely seen as the heir apparent to IBM chief exec Ginni Rometty. It’s not clear where the interest in IBM’s line of succession comes from, however, as Rometty hasn’t given any indication of leaving.

Read the full article here.

previous post Back to Articles next post

13 May 2021

NWN Corp. Acquires Carousel Industries

Financial Information ($USD) Not Disclosed Transaction Details NWN Corporation, a leading Cloud Communications Service Provider (CCSP), announced yesterday that it will acquire fellow solutions provider Carousel Industries. Financial terms of the deal were not disclosed. New State Capital Partners, majority stakeholder of NWN since 2015, is backing the transaction which will form a combined company...

13 May 2021

Softchoice Files for IPO

Announcement Details Softchoice Corporation, a leading technology solutions provider in North America, announced yesterday that it has filed a preliminary prospectus for an initial public offering. Softchoice’s common shares will be traded on the Toronto Stock Exchange, although the number of shares and price have not yet been disclosed. Before Toronto-based Softchoice was taken private in...

15 Apr 2021

KKR to Acquire Ensono in $1.7 Billion Deal

Financial Information ($USD) Enterprise Value:    $1.7 Billion Transaction Details Global investment firm KKR & Co, Inc. (NYSE: KKR) is acquiring leading hybrid IT services provider Ensono from private equity firms Charlesbank Capital Partners and M/C Partners. While financials have not been disclosed, the transaction is valued at $1.7 billion inclusive of debt, according to Reuters....