AMD Acquiring Pensando For $1.9B USD
It was just two months ago AMD completed its acquisition of Xilinx and now its newest data center play is entering into a definitive agreement to acquire Pensando.
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.
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.
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