AMD · California · DAN (Do Anything Now) · Datacenter Dynamics
AMD picks up storage software firm MEXT
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Chip firm AMD has acquired storage software startup MEXT.
Key facts
- Founded in 2023 and based in Santa Clara, California, MEXT has raised $10.6m to date, according to Crunchbase data
- MEXT CEO Gary Smerdon was previously CEO of software-defined server firm TidalScale
- MEXT AI-Powered Predictive Memory software and AMD EPYC processors are a powerful combination, and the reporter is excited about what comes next
- MEXT’s Predictive Memory is a software-only solution that makes flash appear as DRAM to the operating system
Summary
Announced this week, AMD said the acquisition expands its AI portfolio and will help customers through memory optimization technology designed to improve performance, reduce total cost of ownership, and accelerate time to deployment. MEXT’s Predictive Memory is a software-only solution that makes flash appear as DRAM to the operating system. With DRAM costs increasing, AMD and MEXT are betting on reducing server costs via flash storage. Founded in 2023 and based in Santa Clara, California, MEXT has raised $10.6m to date, according to Crunchbase data. MEXT CEO Gary Smerdon was previously CEO of software-defined server firm TidalScale.