AMD has agreed to acquire the cloud startup known as Pensando for $1.9 billion by the second half of this year to support its data center products and take advantage of growing demand from the cloud and enterprise sectors. announced its launch.
AMD will take EPYC data center processors to the next level thanks to Pensando!
AMD president and CEO Dr. During the press release, Lisa Su described the impact the Pensando acquisition will have on the existing chip portfolio:
A wide range of computing engines to create a leading-edge data center with the best performance, security, flexibility and lowest total cost of ownership. must. All major cloud and OEM customers have adopted EPYC processors to power their data center offerings.
Today, with our acquisition of Pensando, we are adding a leading distributed services platform to our portfolio of high-performance CPUs, GPUs, FPGAs and adaptive SoCs. The Pensando team brings world-class expertise and proven innovation at the chip, software and platform level that expands our ability to deliver leadership solutions for our cloud, enterprise and other customers.
Pensando’s existing services are currently used by enterprise companies such as Goldman Sachs, IBM Cloud, Microsoft Azure and Oracle Cloud. However, AMD aims to attract all these partnerships with this acquisition. In this way, it will be able to offer its new services to wider audiences by expanding its existing business network.
As part of the deal, Pensando CEO Prem Jain and the rest of the company’s team will join AMD as part of the Data Center Solutions Group, led by the chipmaker’s senior vice president and general manager Forrest Norrod.
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