AMD acquires Thinking for 1.9 billion, a cloud computing company

AMD acquires Thinking for 1.9 billion, a cloud computing company. Continuing with the project of growth and expansion of its portfolio, the red team buys this company from the segment of cloud computing platform and distributed processing system. With the purchase, valued at 1,900 million dollars, AMD takes another step in strengthening its EPYC line, CPUs for servers and the cloud.

The purchase of Pensando is the perfect decision for AMD to expand and raise the quality of its services for data centers, servers and cloud computing. The EPYC line of processors is already used by large companies such as Netflix servers, while Pensando also provides its cloud computing platform services to industry giants such as IBM Cloud, Microsoft Azure, Oracle Cloud and Goldman Sachs..

Lisa Su is very clear about the future goals for the company

In the press release, Dr. Lisa Su (CEO of AMD) comments on this union between her hardware and Pensando’s distributed processing systems. “All major cloud customers and OEMs have adopted EPYC processors to accelerate capacity in their data centers. Today, with the purchase of Pensando, we have added a leading distributed processing systems platform to our portfolio of high-performance CPUs, GPUs, FPGAs, and SoCs.“.

Su also highlights that the acquisition of Pensando will elevate AMD’s ability to be the leader in providing solutions for enterprise customers.. In that market, the main rival on the red side is Intel.

Created in 2017, Pensando Systems was founded by former Cisco engineersa technology company that deals in network devices (such as routers and switches). The Entire Pensando Team, Including General Manager Prem Jain, Will Join AMD’s Data Center Solutions Division. According to AMD’s press release, Pensando will continue with the business plan for its products and technologies, relying on the structure of its new home. The acquisition is expected to close in the next quarter.

It seems that AMD’s plans are going according to plan: the company had already acquired SeaMicro in 2012, and then acquired Nitero in 2017 and Xilinx earlier in the year. Its plans clearly point to the diversification of the services it offers and the future of the company seems to be in good hands.

What do you think will be the next step that AMD will take?

Source: Thinking AMD