Advanced Micro to Buy Server Start-Up SeaMicro
Advanced Micro Devices Inc., vowing to change the game in its longtime competition with Intel Corp., has forged a deal to buy a Silicon Valley start-up that takes the chip maker into the server business.
The Sunnyvale, Calif., company said it will pay $334 million for SeaMicro Inc., a company known for products called micro servers that pack together many chips in ways that save space and energy. Such products are particularly popular among companies that buy servers in huge volumes to run popular consumer websites.