Tech Company M&A Transactions
Pensando Systems Acquisition
Pensando Systems, operating out of San Jose, was acquired by AMD. The parties disclosed the acquisition price to be $1.9 billion.
Transaction Overview
Company Name
Acquired By
Announced On
4/4/2022
Transaction Type
M&A
Amount
$1,900,000,000
M&A Terms
AMD announced that it will acquire data center optimization startup Pensando for approximately $1.9 billion.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
1730 Technology Dr.
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Website
Email Address
Not Recorded
Overview
Pensando Systems is pioneering distributed computing designed for the New Edge, powering software-defined cloud, compute, networking, storage and security services to transform existing architectures into the secure, ultra-fast environments demanded by next generation applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Prem Jain
Co-Founder
Soni Jiandani
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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