South Africa: Issued Competition Commission approval following its investigation into AMD's proposed acquisition of ZT Group Int’l Inc

On 19 November 2024, the Competition Commission of South Africa approved the acquisition of ZT Group International Inc. by Advanced Micro Devices, Inc. (AMD) without conditions. AMD manufactures semiconductors for computing and data centre infrastructure. The acquired firm designs servers and storage solutions for data centres. Neither firm operates in South Africa. The Competition Commission found that the transaction does not reduce competition or raise public interest concerns under the Competition Act (89 of 1998), as amended.