Tag: Prem jain

AMD expands data center solutions capabilities with acquisition of Pensando

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…