ZT Systems to be Acquired by AMD | The Gestalt IT Rundown: August 21, 2024

Gestalt IT Rundown

Our big story this week is from AMD. They're opening up their wallet to the tune of nearly $5 billion to buy ZT Systems. The two companies have had a preexisting partnership, with ZT having collaborated on the EPYC processor lines. ZT's biggest customers are AWS and Azure, as ZT specializes in hyperscale AI systems that are bought by the rack. This move follows a very recent acquisition of Silo AI, which we covered on the Rundown, as well as their last big acquisition of Xilinx. There's a lot to unpack here and the Futurum Group has had some amazing coverage of this deal so far. Stephen, let's start with you. What does ZT Systems have that makes them so attractive to AMD.

Time Stamps:

0:00 - Welcome to the Rundown

1:48 - Morpheus Data Acquired by HPE

5:31 - Launchable Acquired by CloudBees

8:26 - Kioxia Reveals Broadband SSD

12:43 - DigiCert to Acquire Vercara to Expand Security Portfolio

16:25 - Western Digital Races Past NetApp with All-Flash OpenFlex

20:11 - Massive Data Leak From Plaintext Passwords

24:34 - ZT Systems to be Acquired by AMD

40:15 - The Weeks Ahead

42:19 - Thanks for Watching

Hosts:

Tom Hollingsworth: https://www.twitter.com/NetworkingNerd

Stephen Foskett: https://www.twitter.com/SFoskett

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Tags: #Rundown, #CyberSecurity, #EPYC, @AMD, @ZTSystems, @WesternDigital, @NetApp, @DigiCert, @Vercara, @Kioxia, @Launchable, @CloudBees, @MorpheusData, @HPE, @GestaltIT, @TechFieldDay, @TheFuturmGroup, @Sfoskett, @NetworkingNerd,