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SANMINA ANNOUNCES ACQUISITION OF DATA CENTER INFRASTRUCTURE MANUFACTURING BUSINESS OF ZT SYSTEMS FROM AMD
Sanmina Corporation ("Sanmina") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced that it has entered into a definitive agreement to acquire the data center infrastructure manufacturing business of ZT Systems,
Sanmina acquires US data center manufacturing arm of ZT Systems from AMD for $3bn
Sanmina paid $3 billion in cash and stock, and under the terms of the deal, AMD will retain ZT Systems' AI systems design businesses while working with Sanmina as a US-based preferred new production introduction (NPI) manufacturing partner for its AI rack and cluster-scale systems.
Advanced Micro Devices (NasdaqGS:AMD) recently held an M&A call with Sanmina Corporation, signaling a potential shift in ...
AMD selling ZT Systems' data center manufacturing business to Sanmina for $3 billion in cash & stock. Sanmina to become ...
Hi, it’s Ryan Gould in New York, looking at a big deal in the data center world for contract manufacturer Sanmina. Also today ...
Yet for all its success, and the fact that Sanmina has 32,000 employees and annual revenues of more than $8 billion U.S., it remains a small-cap stock with a market capitalization of $4.51 billion U.S ...
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