AMD to Acquire ZT Systems for $4.9 Billion in Cash and Stock
AMD is set to acquire ZT Systems for $4.9 billion. The transaction is a combination of cash and stock including a payment of $400 million conditional upon achieving specific performance metrics. ZT Systems specializes in designing and manufacturing computing infrastructure for AI, cloud and general-purpose computing. With over 30 years in the industry, ZT Systems has become a trusted partner for some of the world’s largest data centers.
