AMI

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AMI - overview

Established

1985

Location

Duluth, GA, US

Primary Industry

Software

About

Based in the US, AMI delivers advanced foundational technology solutions, focusing on firmware products that enhance security, manageability, and performance for computing environments across various sectors. Based in Duluth, US, founded in 1985, Sanjoy Maity is the CEO, AMI specializes in BIOS/UEFI firmware, BMC management, and platform security solutions, enabling reliable, secure operation of servers, cloud infrastructure, AI systems, and embedded computing platforms worldwide. In May 2026, Lattice Semiconductor Corporation agreed to acquire AMI from Thomas H. Lee Partners for USD 1.


65 billion in cash. The transaction is expected to close in the third quarter of 2026. AMI specializes in foundational technology solutions that comprise dynamic firmware products and services aimed at enhancing the security, manageability, and performance of computing environments across various sectors. Their core offerings include the MegaRAC OpenEdition, a versatile Service Processor Solution that provides a highly managed source base for wide product deployments, with dedicated support, code patches, and security advisories.


Additionally, AMI offers the Aptio OpenEdition, which incorporates the benefits of Aptio V in an open-source format, and AMI TruE, which utilizes Intel® SGX secure enclaves to deliver secure computing solutions that address confidentiality and workload attestation needs. These products are primarily utilized by data centers, cloud service providers, and original design manufacturers (ODMs) across global markets, including North America, Europe, and Asia, serving a wide range of end users from tech giants like Amazon and Google to smaller enterprises. AMI generates revenue through a structured model that focuses on B2B transactions, primarily involving partnerships with OEMs and cloud service providers. Their business transactions typically center around licensing agreements for their flagship products, such as MegaRAC OneTree™ and Aptio firmware solutions, which may require clients to enter into subscription agreements for ongoing support and updates.


These agreements are designed to provide clients with continuous access to essential firmware updates, security patches, and dedicated technical support, ensuring the integrity of mission-critical infrastructure. By establishing long-term partnerships with major technology companies and data centers, AMI effectively secures a steady revenue stream through these collaborative agreements, enabling them to maintain a robust client base while supporting clients' evolving technology needs. The May 2026 acquisition will allow AMI to scale its platform‑firmware solutions globally through Lattice’s hardware ecosystem, customer base, and long‑term strategic investment in cloud and AI infrastructure.


Current Investors

Primary Industry

Software

Sub Industries

Engineering, Electronic Components, IT Security/Cybersecurity, Storage Management Software, Systems Management Software

Website

www.ami.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

AMI - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleAnnouncedAMI-
Secondary BuyoutCompletedAMI-
GrowthCompletedAMI-

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AMI - employee data

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