THL Partners Announces Majority Investment in AMI, Global Leader in Dynamic Firmware

Slice of Technology Team

09/11/2024

Key Highlights:

THL Partners to acquire a majority stake in AMI to boost innovation and expansion.
AMI’s Dynamic Firmware powers over 60% of global data center servers.
The investment supports growth in AI and hyperscale cloud computing markets.
The transaction is expected to close in fall 2024.

Source (Business Wire)

Quotes

“ “As we embark on our next stage of growth and innovation, we are confident that THL is the right strategic partner for AMI.” ”

Sanjoy Maity, CEO at AMI

Our Take:

THL’s investment in AMI is a significant strategic move, particularly given the increasing importance of firmware in AI-driven and hyperscale cloud infrastructures. With AMI’s foundational role in powering over 60% of data center servers globally, this partnership is poised to accelerate the development of innovative technologies that will support the growing demand for sophisticated computing solutions. Additionally, this aligns well with the broader trend of private equity investments in automation and AI-related sectors, further underscoring the long-term value of this deal for both firms.

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