Advanced Micro Devices (AMD) expands its offer a little more by announcing on April 4 the acquisition of Pensando for $1.9 billion. Born in 2017, the startup is recognized for its chips and software designed to optimize data center performance.
Pensando added value
AMD, only a few months after having absorbed the semiconductor giant Xilinx for 35 billion dollars, still has an appetite. With Pensando, Intel’s eternal rival wants to expand and strengthen its already recognized offer for data center processors.
Intel acquires Granulate Cloud Solution to strengthen against Nvidia and AMD
Lisa Su, CEO of AMD, explained that newcomers should bring ” world-class expertise and a proven track record of innovation at the chip, software and platform level, which increases our ability to deliver cutting-edge solutions to our cloud, enterprise and edge customers “.
Pensando is to provide AMD with its expertise in networking, storage and software security. Its products promise to accelerate data flow while lowering data center costs.
Since its birth, the company has raised 313 million dollars from Hewlett Packard, Qualcomm Ventures or Ericsson. In the press release announcing the operation, Microsoft’s vice president for Azure, Girish Bablani, customer of the startup, is full of praise, ” We saw a 40x improvement in overall performance related to the cloud connection. Pensando achieved this in less than 12 months “. Oracle, Goldman Sachs or IBM, also customers, went there with their little words.
AMD is in the race
Pensando teams are expected to integrate with AMD’s Data Center Solutions Group business. It will retain its autonomy to develop its products and will take advantage of the group’s strike force to boost its activities. Prem Jain, CEO of the company assures that with AMD ” we have the talent and the tools to bring our customers’ vision of the future of computing to life “.
The intended chip sector is in the midst of a growth phase. Intel, now less capitalized than AMD, offered the Israeli startup Granulate Cloud Solution, Nvidia tried, without success, to acquire ARM.
The former outsider now leads the dance. It is still necessary that the operation be accepted under the usual controls of the antitrust authorities. The completion of this acquisition is expected by the end of the current quarter.