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AMD’s $35 billion acquisition of Xilinx comes to an end

AMD is finally getting close to its happy ending in the long-awaited acquisition of Xilinx. Stating that all necessary approvals have been obtained, the company stated that the purchase will take place in a short time.
 AMD’s $35 billion acquisition of Xilinx comes to an end
READING NOW AMD’s $35 billion acquisition of Xilinx comes to an end

Advanced Micro Devices(AMD) announced that they are approaching the acquisition of FPGA manufacturer Xilinx. The company announced that regulatory approvals have been completed and the $35 billion acquisition could take place by February 14.

Acquisition completion

Officially announced in October 2020, the deal is finally nearing completion, with AMD’s latest announcement. The company announced that it has received approval from all necessary authorities and that all conditions have been met.

With AMD nearing the end of its acquisition process, Xilinx manufactures programmable semiconductors, including FPGAs (field programmable gate arrays) and ASICs (application-specific integrated circuit).

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Acquisition of Xilinx allows AMD to enter new markets It will help. AMD CEO Lisa Su said that the acquisition could make AMD the industry’s high-performance computing leader.

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