AMD announced the completion of the acquisition process of Xilinx, one of the leaders in the high performance and adaptive computing market. First announced on October 27, 2020, the acquisition combines CPUs, GPUs, FPGAs, Adaptive SoCs and deep software expertise to enable leading computing platforms, bringing together two industry leaders with complementary product portfolios and customers. will bring.
AMD completes $50 billion deal
AMD has announced that it has completed the acquisition of Xilinx, one of the leaders in the high-performance and adaptive computing market. First announced on October 27, 2020, the acquisition combines CPUs, GPUs, FPGAs, Adaptive SoCs and deep software expertise to enable leading computing platforms, bringing together two industry leaders with complementary product portfolios and customers. will bring.
AMD CEO Lisa Su said, “The acquisition of Xilinx, combined with world-class talent, brings together a highly complementary set of products, customers and markets, bringing together the industry’s will enable us to become high-performance and adaptive computing leaders.
Xilinx enables AMD to deliver the most powerful, high-performance and adaptive computing solutions portfolio in the industry, as well as a larger share of the approximately $135 billion market opportunity we see in the cloud, and industry-leading FPGAs, adaptive SoCs. s will allow it to offer AI engines and software expertise.”
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AMD EMEA Corporate Vice President Mario Silveira, “Today is an important day for AMD in EMEA and we are joining forces with Xilinx to join forces with the industry’s high-performance and adaptive computing. We create the leader. AMD now has the industry’s broadest portfolio of leading computing, graphics and adaptive SoC products.
We are excited by the incredible opportunities that lie before us to better serve our customers in markets as diverse as communications, automotive and industry, which form the backbone of the economies of EMEA countries.” said.
Xilinx shareholders will receive 1.7234 AMD common stock and cash for each share of Xilinx common stock instead of any partial shares of AMD common stock. Xilinx stock will no longer be listed on the NASDAQ stock exchange.
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