Advanced Micro Devices Acquires SeaMicro for $334,000,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb4b5afb-b7c8-4319-9631-36c7722ee246&Preview=1 -
Date
2/29/2012 -
Company Name
SeaMicro -
Mailing Address
1237 East Arques Avenue Sunnyvale, CA 94085 -
Company Description
SeaMicro servers are plug and play—they require no changes to software operating systems, applications, or management infrastructure. -
Website
http://www.seamicro.com -
Transaction Type
M&A -
Transaction Amount
$334,000,000 -
Transaction Round
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Proceeds Purposes
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M&A Terms
AMD has signed a definitive agreement to acquire SeaMicro, a pioneer in energy-efficient, high-bandwidth microservers, for approximately $334 million, of which approximately $281 million will be paid in cash.
