Monday, August 19, 2024

AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025 (Asa Fitch/Wall Street Journal)

Asa Fitch / Wall Street Journal:
AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025  —  ZT Systems produces servers, other equipment used in data centers for artificial intelligence



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