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ZT Systems to Be Acquired by AMD in $4.9 Billion Deal
- Client News
- August 19, 2024
Paul Weiss is advising ZT Systems, a leading provider of AI infrastructure for the world’s largest hyperscale computing companies, in its cash-and-stock acquisition by Advanced Micro Devices, Inc. (AMD), valued at $4.9 billion. The deal is expected to close by the end of 2025, subject to regulatory approvals and customary closing conditions.
The Paul Weiss team is led by partners Chelsea Darnell and James Langston, and includes corporate partner Brian Kim; tax partner Brian Krause; executive compensation partner Jarrett Hoffman; intellectual property partner Jonathan Ashtor and counsel Brianna van Kan; antitrust partners Annie Herdman, Scott Sher, Ross Ferguson and Christopher Wilson, and counsel Chad de Souza and Todd Hahn; real estate partner Peter Fisch; litigation counsel Audrey Paquet; and environmental counsel William O’Brien.