AMD Acquiring Pensando For $1.9B USD
Pensando is the five year old company focused on distributed computing solutions for software-defined cloud, compute, networking, and other areas. Pensando was founded by former Cisco CEO John Chambers and the company has been gaining ground over the past half-decade in the cloud/edge computing space. Now to bolster AMD's data center offerings, AMD is acquiring Pensando for about $1.9 billion (USD).
AMD expects the Pensando acquisition to close in Q2.
More details on this acquisition announced this morning at AMD.com.