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Advanced Micro Devices' Proposed ZT Systems Deal Under Review by EU Regulators
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Advanced Micro Devices' Proposed ZT Systems Deal Under Review by EU Regulators
Feb 5, 2025 8:27 AM

10:54 AM EST, 02/05/2025 (MT Newswires) -- Advanced Micro Devices' ( AMD ) proposed acquisition of ZT Systems was placed under a routine merger review by the European Commission Wednesday, with a provisional deadline of March 12, according to a filing.

AMD's proposed cash and stock deal for the server maker was valued at $4.9 billion when it was announced in August 2024.

AMD and ZT didn't immediately respond to requests for comment from MT Newswires.

Price: 108.01, Change: -11.49, Percent Change: -9.62

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