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AMD bets $1.9bn into data centres with Pensando acquisition

John Chambers, chair of the board of Pensando, says the business is revolutionary and its distributed services platform is 8x-13x of the largest cloud provider and uses less power.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

April 05, 2022 | 12:39 AM BST

AMD bets $1.9bn into data centres with Pensando acquisition

Dr. Lisa Su, AMD chair and CEO. Source: AMD

The Tech Capital

AMD (NASDAQ: AMD) has entered into a definitive agreement to acquire Pensando for approximately US$1.9 billion before working capital and other adjustments.

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João Marques Lima

Founder and Editor, The Tech Capital

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