Sanmina to acquire ZT Systems data center manufacturing business from AMD for up to $3 billion

Sanmina announced a definitive agreement to acquire the data center infrastructure manufacturing business of ZT Systems from AMD for $2.55 billion in cash and equity, plus up to $450 million in contingent consideration. The deal is expected to close post-regulatory approvals.

“Sanmina Corporation today announced that it has entered into a definitive agreement to acquire the data center infrastructure manufacturing business of ZT Systems, a leading provider of Cloud and AI infrastructure to the world's largest hyperscalers, from AMD.”prnewswire.com

• 1 source
• prnewswire.comSANMINA ANNOUNCES ACQUISITION OF DATA CENTER INFRASTRUCTURE MANUFACTURING BUSINESS OF ZT SYSTEMS FROM AMDSanmina CorporationMay 19, 2025

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