Chipmaker AMD announced that Forrest Norrod has been promoted to executive vice president and general manager of the Data Center Solutions business group at AMD. The appointment reflects his record of leadership and market growth throughout his tenure with AMD and the strategic role of the data center business to the company’s continued growth strategy, the…
AMD announced a definitive agreement to acquire Pensando for approximately $1.9 billion before working capital and other adjustments. Pensando’s distributed services platform includes a high-performance, fully programmable packet processor and comprehensive software stack that accelerate networking, security, storage and other services for cloud, enterprise and edge applications, the statement said. “To build a leading-edge data…
AMD and Xilinx announced they have entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at $35 billion. “The combination will create the industry’s leading high performance computing company, significantly expanding the breadth of AMD’s product portfolio and customer set across diverse growth markets where Xilinx is an established…