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AMD buys data center networking equipment developer Pensando Systems for $1.9 billion

AMD buys data center networking equipment developer Pensando Systems for $1.9 billion

AMD has announced the acquisition of Pensando Systems, which develops DPUs & ; hardware gas pedals for servers that provide network management, are responsible for security and data storage. The value of the deal is $1.9 billion.

Pensando Systems products and solutions are widely used among various cloud service providers, including IBM Cloud, Microsoft Azure and Oracle Cloud. As stated in the AMD press release, when combined with the software solution stack, Pensando hardware platforms demonstrate unprecedented levels of performance, scalability and security. In real-world cloud deployments, Pensando Systems' solutions deliver 8–13 times the performance of competing solutions. At least, that's what the company itself claims.

The acquired Pensando Systems will become part of AMD's Data Center Solutions Group division. The team will continue to develop products and technologies according to its roadmaps. The deal is scheduled to close in the second quarter of 2022 after all necessary antitrust inspections.

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