AMD (NASDAQ: AMD) has announced the signing of a definitive agreement to acquire ZT Systems, a leading provider of AI infrastructure for the world’s largest hyperscale computing companies. The strategic transaction marks the next major step in AMD’s AI strategy to deliver leadership AI training and inferencing solutions based on innovating across silicon, software, and systems. ZT Systems’ extensive experience designing and optimizing cloud computing solutions will also help cloud and enterprise customers significantly accelerate the deployment of AMD-powered AI infrastructure at scale.

Latham & Watkins LLP represents Advanced Micro Devices in the transaction with a corporate deal team led by Bay Area partners Tad Freese and Mark Bekheit, with associates Clayton Heery, Kevin Schunk, and Tim Plummer. Advice was also provided on tax matters by Bay Area partner Kirt Switzer, with associates Derek Gumm and Rasha Suleiman; on compensation and benefits matters by Bay Area partner James Metz and New York counsel Sandra Benjamin, with associates Yoojin DeNiro and Kevin Matheny; on data privacy matters by Bay Area partner Michael Rubin and London partner Gail Crawford, with Houston/Austin counsel Robert Brown, and associates Kiara Vaughn, Sarah Zahedi, Irina Vasile, and Aster Lin; on intellectual property matters by Bay Area partner Anthony Klein, with associates Andrew Abokhair, Ryan Sanders, Tori Hu, and Patrick Chew; on export controls matters by Washington, D.C. partner Eric Volkman, with associate Matthew Crawford; on anti-bribery and anti-corruption matters by Washington, D.C. partner Kevin Chambers; on environmental matters by Orange County partner Christopher Norton; on real estate matters by Chicago partner Robert Buday and New York counsel Karen Ritter; on antitrust matters by Washington, D.C. partner Amanda Reeves, Bay Area partner Kelly Fayne, and Brussels partner Héctor Armengod, with Washington, D.C. counsel Francesca Pisano and Brussels counsel Wesley Lepla, and associate Matthew Green; on insurance matters by Los Angeles partner Harrison White, with associate Enrique Covarrubias; on capital markets matters by Bay Area partner Richard Kim and New York partner Senet Bischoff, with associate Robyn Sablove; and on finance matters by New York partners Stephanie Teicher and Carlos Alvarez, with associates Maeve Chandler and Richard Burks.