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The 10 Biggest Tech M&A Deals Of 2022 (So Far)

Rick Whiting

Despite the economic uncertainties of 2022, the pace of mergers and acquisitions in the IT industry doesn’t seem to have slowed. Here’s a look at the biggest tech mergers and acquisitions that have been announced, completed or are still in the works in 2022 (so far).

No. 9: AMD Buys Edge Computing Startup Pensando for $1.9 Billion

Pensando had attracted a lot of attention since its 2017 launch, not least because the edge computing startup was founded by a group of former Cisco Systems engineers and its backers included former Cisco CEO John Chambers. The company had raised an impressive $313 million in venture funding.

So it was big news on April 4 when chip giant AMD announced a deal to acquire Pensando for $1.9 billion. (The acquisition closed May 26.)

AMD said that Pensando’s distributed services platform would expand AMD’s data center product portfolio with a high-performance data processing unit and software stack. Pensando’s founders and employees joined the AMD Data Center Solutions Group.

 

 
Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at rwhiting@thechannelcompany.com.

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