CCCS approves AMD’s proposed acquisition of ZT Group

The acquisition will not infringe section 54 of the Competition Act 2004.

The proposed acquisition of ZT Group International by Advanced Micro Devices (AMD) has been approved by the Competition and Consumer Commission of Singapore (CCCS).

According to CCCS’ assessment, the acquisition will not infringe section 54 of the Competition Act 2004 which prohibits mergers that may lessen market competition.

AMD is a fabless global semiconductor company that develops computer processors and related technologies whilst ZT is an original design manufacturer of server and storage solutions for data centres.

Whilst both do not supply any overlapping products or services, the semiconductor products for data centre servers supplied by AMD are incorporated downstream into data centre servers which are supplied by ZT.

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