Home ยป Completion of AMD’s Acquisition of ZT Systems, a Developer of Data Center Solutions.

Completion of AMD’s Acquisition of ZT Systems, a Developer of Data Center Solutions.

AMD has reported that the acquisition process of ZT Systems has been completed successfully at every step. The team will collaborate with the Datacenter Solutions department, led by Forrest Norrod, Senior Vice President of AMD. Additionally, AMD will work with strategic partners to incorporate ZT Systems’ technology into the data center design and development process.

Announced last August, AMD acquired ZT Systems for a value of $4.9 billion to enhance its server and data center management systems for AMD’s CPU and GPU customers.

Forrest Norrod highlighted the rapid advancements in AI technology which necessitate faster design and deployment of AI processing clusters in data centers for customers. ZT Systems’ technology is poised to meet these demands and enhance competitiveness for customers.

TLDR: AMD completes the acquisition of ZT Systems, partnering strategically to integrate ZT’s technology into data center solutions, catering to the evolving AI landscape for enhanced customer capabilities.

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