Advanced Micro Devices Acquires SeaMicro for $334,000,000
Feed Type
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.
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.