AMD (AMD -2.3%) will soon announce the acquisition of server startup SeaMicro, according to...

|About: Advanced Micro Devices, Inc. (AMD)|By:, SA News Editor

AMD (AMD -2.3%) will soon announce the acquisition of server startup SeaMicro, according to GigaOm. SeaMicro has created buzz by building servers containing hundreds of low-power Intel (INTC) Atom or Xeon CPUs, which in turn are managed by a proprietary chip. Acquiring SeaMicro could create tension between AMD and its server customers, but the startup's technology could also give AMD a means of boosting its tiny share of the server CPU market.