HGGC invests in American Megatrends International
Summary
PALO ALTO, Calif.—April 2, 2019—HGGC, a leading middle market private equity firm, today announced that it has completed a strategic investment in American Megatrends International LLC (“AMI” or “the Company”), a global leader in BIOS and UEFI firmware, BMC and remote management tools, data storage products and unique solutions based on the Linux® and Android™ operating systems. “Not many people outside the system software ecosystem are familiar with AMI, but its products are mission critical for the biggest computing brands in the world,” said Steve Young, HGGC President and Co-Founder. “AMI is perfectly situated in the system software ecosystem to deliver world-class products and services to its customers and to continue to lead a rapidly evolving industry in innovation,” said Bill Conrad, Principal of HGGC. Founded in 1985 and known worldwide for AMIBIOS®, American Megatrends International LLC (AMI) supplies state-of-the-art hardware, software and utilities to top-tier manufacturers of desktop, server, mobile and embedded systems. Headquartered in Norcross, Georgia, AMI has locations in the U.S., China, Germany, India, Japan, Korea, Taiwan, and Hong Kong to better serve its customers.
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