Advanced Micro Devices has completed its $4.9 billion purchase of ZT Systems, a designer of data-center equipment for cloud computing and artificial intelligence, the company said on Monday. The deal, ...

After nearly two decades at Cisco, between stints at various networking businesses, Jiandani cofounded Pensando Systems in ...

AMD has completed its acquisition of hyperscale server maker ZT Systems for $4.9 billion, on top of a $1bn investment the chip company previously made. ZT's US-based data center infrastructure ...

Marking a new chapter in AMD’s competition against Nvidia, the chip designer says its ZT Systems acquisition, completed Monday, will allow it to combine ‘industry-leading systems’ and ...

SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the completion of its acquisition of ZT Systems, a leading provider of AI and general-purpose compute infr ...

Founded in 1994 in Secaucus, New Jersey, ZT Group International Inc. (dba ZT Systems), is a privately held company that designs and distributes data center and storage infrastructure systems to ...

Advanced Micro Devices (AMD) has completed its $4.9 billion acquisition of ZT Systems, a hyperscale server maker. The deal combines AMD’s advanced processors, graphics chips, and networking ...

TL;DR: AMD has completed its $4.9 billion acquisition of ZT Systems, enhancing its AI infrastructure capabilities. This move aims to integrate ZT's expertise with AMD's Instinct MI300 series AI ...

And now it seems AMD is getting in on the action having finalised a near-five billion dollar deal for ZT Systems, a company that designs and makes—yes, you've guessed it—data, cloud ...

Advanced Micro Devices has completed its $4.9 billion purchase of ZT Systems, a designer of data-center equipment for cloud computing and artificial intelligence, the company said on Monday.

AMD (AMD) announced the completion of its acquisition of ZT Systems, a provider of AI and general-purpose compute infrastructure for the world’s largest hyperscale providers. The acquisition ...