BRIEF-Sanmina Announces Acquisition Of Data Center Infrastructure Manufacturing Business Of ZT Systems From AMD

Reuters
19 May
BRIEF-Sanmina Announces Acquisition Of Data Center Infrastructure Manufacturing Business Of ZT Systems From AMD

May 19 (Reuters) - Advanced Micro Devices Inc AMD.O:

  • SANMINA ANNOUNCES ACQUISITION OF DATA CENTER INFRASTRUCTURE MANUFACTURING BUSINESS OF ZT SYSTEMS FROM AMD

  • ADVANCED MICRO DEVICES INC - DEAL VALUED UP TO $3 BILLION INCLUDING CONTINGENT CONSIDERATION

  • ADVANCED MICRO DEVICES INC - ZT SYSTEMS ANNUAL NET REVENUE RUN-RATE ABOUT $5-$6 BILLION

  • ADVANCED MICRO DEVICES INC - SANMINA SECURES $2.5 BILLION FINANCING FROM BANK OF AMERICA

  • ADVANCED MICRO DEVICES INC - DEAL EXPECTED TO BE ACCRETIVE TO SANMINA'SNON-GAAP EPS IN FIRST YEAR

Source text: ID:nPnc3TzxGa

Further company coverage: AMD.O

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