Reported about 2 months ago
AMD has announced its purchase of server builder ZT Systems for $4.9 billion in cash and stock, aiming to enhance its competitive position against Nvidia. The acquisition is viewed as a strategic move to offer a more complete product lineup, increasing AMD's engineering talent and capabilities in system design. Industry experts highlight that while this deal improves AMD's standing, there remains a significant gap to close in comparison to Nvidia's comprehensive operations.
Source: YAHOO