Amd expands data center solutions capabilities with acquisition of pensando

Santa clara, calif., may 26, 2022 (globe newswire) -- amd (nasdaq: amd) today announced that it has completed its acquisition of pensando systems in a transaction valued at approximately $1.9 billion. pensando's distributed services platform will expand amd's data center product portfolio with a high-performance data processing unit (dpu) and software stack that are already deployed at scale across cloud and enterprise customers including goldman sachs, ibm cloud, microsoft azure and oracle cloud. the pensando team will join the amd data center solutions group, led by amd senior vice president and general manager forrest norrod.
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