Advanced Micro Devices acquisition history

AMD acquired ATI Technologies, a leader in graphics processors, chipsets and consumer electronics, to combine CPU and GPU expertise under one roof. The all-in value of roughly $5.4 billion was set against AMD's October 24, 2006 closing share price of $20.32. AMD funded the cash portion with existing balances plus a $2.5 billion term loan from Morgan Stanley Senior Funding. Approximately $5.4 billion.

Today marks a historic day for our employees, our partners and our customers as we officially welcome ATI into the AMD family. On day one, we are delivering a winning set of complementary technologies, igniting a new level of innovation and continuing to champion choice for the industry.Hector Ruiz — Chairman and CEO, AMD

By driving innovation and integration in processing, especially in graphics, the new AMD has the potential to empower breakthrough computing experiences for users of Windows Vista.Jim Allchin — Co-President, Microsoft Platforms & Services Division

AMD acquired SeaMicro, a privately held maker of energy-efficient, high-bandwidth microservers, to move up the value chain from chips into dense server systems. AMD paid $293 million in cash to SeaMicro shareholders (total purchase consideration of $312 million including assumed equity, and $19 million of cash acquired), with $29 million placed in escrow. The acquisition added SeaMicro's SM10000 server line and its 'Freedom' supercompute fabric, and produced $230 million of goodwill. $312 million total consideration ($293 million cash; $281 million net of cash acquired).

AMD's largest acquisition by far: an all-stock merger with Xilinx, the leading provider of FPGAs and adaptive SoCs. Announced in October 2020 at a $35 billion valuation with a combined enterprise value of roughly $135 billion, the deal closed February 14, 2022 via merger sub 'Thrones Merger Sub.' Xilinx holders received 1.7234 AMD shares per Xilinx share; AMD holders ended up owning about 74% of the combined company. It brought FPGAs, Adaptive SoCs, accelerators and SmartNICs into AMD's portfolio. $35 billion all-stock at announcement (October 2020); ~$49 billion equity value at February 2022 close.

Our acquisition of Xilinx marks the next leg in our journey to establish AMD as the industry's high performance computing leader and partner of choice for the largest and most important technology companies in the world. This is truly a compelling combination that will create significant value for all stakeholders.Dr. Lisa Su — President and CEO, AMD

We are excited to join the AMD family. Our shared cultures of innovation, excellence and collaboration make this an ideal combination. Together, we will lead the new era of high performance and adaptive computing.Victor Peng — President and CEO, Xilinx

AMD acquired Pensando, a startup founded in 2017 building a distributed services platform around a high-performance, fully programmable packet processor (DPU) and software stack for networking, security and storage. Announced April 4, 2022 for about $1.9 billion and closed May 26, 2022, the deal added technology already deployed at scale by customers including Goldman Sachs, IBM Cloud, Microsoft Azure and Oracle Cloud. Approximately $1.9 billion (before working capital and other adjustments).

All major cloud and OEM customers have adopted EPYC processors to power their data center offerings. Today, with our acquisition of Pensando, we add a leading distributed services platform to our high-performance CPU, GPU, FPGA and adaptive SoC portfolio.Dr. Lisa Su — Chair and CEO, AMD

We are excited to join the AMD family. Our shared cultures of innovation, excellence and relentless focus on partners and customers make this an ideal combination.Prem Jain — CEO, Pensando

AMD agreed to acquire Nod.ai, a team specializing in open-source AI software and compiler-based automation, to strengthen its open AI software strategy. Nod.ai is a primary maintainer of and contributor to AI repositories including SHARK, Torch-MLIR and OpenXLA/IREE, and its technology accelerates deployment of AI models across AMD Instinct accelerators, Ryzen AI, EPYC, Versal SoCs and Radeon GPUs. Terms were not disclosed.

The acquisition of Nod.ai is expected to significantly enhance our ability to provide AI customers with open software that allows them to easily deploy highly performant AI models tuned for AMD hardware.Vamsi Boppana — Senior Vice President, Artificial Intelligence Group, AMD

Our journey as a company has cemented our role as the primary maintainer and major contributor to some of the world's most important AI repositories, including SHARK, Torch-MLIR and OpenXLA/IREE code generation technology.Anush Elangovan — Co-founder and CEO, Nod.ai

AMD acquired Mipsology, a France-based AI software company and long-standing AMD partner, to deepen its AI inference software capabilities. Founded in 2015, Mipsology's flagship Zebra AI software supports TensorFlow, PyTorch and ONNX Runtime and helps accelerate AI workloads on AMD hardware. The team joined the AMD AI Group to help build the full AMD AI software stack and the Unified AI (UAI) Software Stack. Terms were not disclosed.

By welcoming the skilled Mipsology team to AMD, we will continue to strengthen our software capabilities to enable customers around the world to tap into the vast potential of pervasive AI.Vamsi Boppana — Senior Vice President, Artificial Intelligence Group, AMD

AMD acquired Silo AI, described as the largest private AI lab in Europe, in an all-cash deal of about $665 million to expand its enterprise-AI capabilities. Announced July 10, 2024 and completed August 12, 2024, Silo AI brought AI scientists and engineers who build tailored AI models and solutions — including open-source multilingual LLMs Poro and Viking trained on AMD Instinct accelerators — for enterprises such as Allianz, Philips, Rolls-Royce and Unilever. Approximately $665 million.

Silo AI's team of trusted AI experts and proven experience developing leadership AI models and solutions, including state-of-the-art LLMs built on AMD platforms, will further accelerate our AI strategy.Vamsi Boppana — Senior Vice President, Artificial Intelligence Group, AMD

At Silo AI, our mission from the start has been to build an AI flagship company. Today's announcement is a logical next step in that pursuit as we join forces with AMD to shape the future of AI computing.Peter Sarlin — CEO and co-founder, Silo AI

AMD acquired ZT Systems, a Secaucus, New Jersey provider of AI and general-purpose compute infrastructure for the world's largest hyperscalers, to add rack-scale systems and design expertise to its silicon and software. Announced August 19, 2024 at about $4.9 billion (cash and stock, including up to $400 million contingent) and closed March 31, 2025, AMD paid $3.375 billion cash plus roughly 8.3 million shares at close. AMD stated it would seek a strategic partner to acquire ZT's U.S.-based manufacturing business. Approximately $4.9 billion (cash and stock, inclusive of up to $400 million contingent).

Our acquisition of ZT Systems is the next major step in our long-term AI strategy to deliver leadership training and inferencing solutions that can be rapidly deployed at scale across cloud and enterprise customers.Dr. Lisa Su — Chair and CEO, AMD

We are excited to join AMD and together play an even larger role designing the AI infrastructure that is defining the future of computing.Frank Zhang — CEO, ZT Systems