AMD completed the acquisition of Pensando for $1.9bn.

AMD, a firm that designs microprocessors for the computer and consumer electronics industries, completed the acquisition of Pensando, an operator of a distributed services platform, from Lightspeed Venture and Qualcomm Ventures for $1.9bn. “Pensando’s leadership DPU complements our data center product portfolio, enabling AMD to offer solutions that can significantly accelerate data transfer speeds while providing additional levels of security and analytics that will play a larger role in defining the performance of next-generation data centers," Lisa Su, AMD Chairman and CEO.