AMD is buying server manufacturer ZT Systems for $4.9 billion.

servethehome.com/amd-buys-zt-systems-in-a-surprise-move/

ZT Systems is one of those surprisingly big companies you've never heard of. Been around for 30 years, sells $10 billion worth of servers a year, completely under everyone's radar.

AMD plans to buy them, split the engineering team from the manufacturing business, and then sell the manufacturing part to one of the even larger competitors.