# AMD To Acquire Server Maker ZT Systems in $4.9 Billion Deal! 💰

**URL:** <https://onehack.st/t/amd-to-acquire-server-maker-zt-systems-in-4-9-billion-deal/289360>\
**Category:** News & Articles\
**Tags:** technology\
**Created:** [August 19, 2024, 4:21pm UTC](https://onehack.st/t/amd-to-acquire-server-maker-zt-systems-in-4-9-billion-deal/289360 "2024-08-19T16:21:15Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\
**Post date:** [August 19, 2024, 4:21pm UTC](https://onehack.st/t/amd-to-acquire-server-maker-zt-systems-in-4-9-billion-deal/289360/1 "2024-08-19T16:21:15Z")

</div>

**Summary:**

* * *

1. **Big Purchase**  
AMD will acquire server maker ZT Systems for $4.9 billion in a mix of cash and stock. This move aims to boost AMD’s data center technology and enhance its AI systems.

2. **Strategic Move**  
ZT Systems, located in New Jersey, will join AMD’s Data Center Solutions Business Group. AMD will keep ZT’s design and customer teams but plans to sell its manufacturing division.

3. **Strengthened Position**  
This acquisition is set to strengthen AMD’s position against Nvidia in the data center and AI market, as large data centers continue to invest heavily in AI.

**Read more at:** [Yahoo](https://yahoo.com)

**Tags:** #TechNews #DataCenters