Tag: Xilinx

AMD officially announced the acquisition of its competitor Xilinx for US$35 billion. Xilinx is a well-known field programmable logic gate array manufacturing company in the industry.

Through this acquisition, AMD will provide the industry’s most powerful high-performance processor technology portfolio, providing a leading computing platform for the terminal, cloud, and edge computing.

The transaction is mainly completed through stocks. After the merger, AMD shareholders hold approximately 74% of the shares and Xilinx shareholders hold approximately 26%.

Conventionally, this type of transaction requires the approval of major global market regulators, and the transaction will be finalized only after the approval of major market regulators.

The acquisition of Xilinx marks that AMD will establish AMD as the industry’s highest performance computing leader. AMD and Xilinx are a convincing combination.

This will create objective value for all stakeholders, including AMD and Xilinx shareholders, who will also benefit from the future growth of the combined company.

The Xilinx team is one of the strongest in the industry. AMD is very happy that the Xilinx team can join AMD and cooperate with the industry’s first-class engineering team.

In the future, the new team after the merger of AMD and Xilinx will build an industry leader with vision, talent, and scale to define the true future of high-performance computing.

AMD CEO Dr. Lisa Su

“Our acquisition of Xilinx marks the next leg in our journey to establish AMD as the industry’s high performance computing leader and partner of choice for the largest and most important technology companies in the world. This is truly a compelling combination that will create significant value for all stakeholders, including AMD and Xilinx shareholders who will benefit from the future growth and upside potential of the combined company. The Xilinx team is one of the strongest in the industry and we are thrilled to welcome them to the AMD family. By combining our world-class engineering teams and deep domain expertise, we will create an industry leader with the vision, talent and scale to define the future of high performance computing.”

Xilinx CEO Victor Peng

“We are excited to join the AMD family. Our shared cultures of innovation, excellence and collaboration make this an ideal combination. Together, we will lead the new era of high performance and adaptive computing. Our leading FPGAs, Adaptive SoCs, accelerator and SmartNIC solutions enable innovation from the cloud, to the edge and end devices. We empower our customers to deploy differentiated platforms to market faster, and with optimal efficiency and performance. Joining together with AMD will help accelerate growth in our data center business and enable us to pursue a broader customer base across more markets.”

Via: Anandtech

The chipmaker AMD is currently in talks with rival programmable logic chipmaker, Xilinx. Xilinx is a well-known chip manufacturer in the industry, and its programmable logic chips are widely used in various network equipment, Internet of Things equipment, and industrial control equipment.

The current market value of Xilinx is approximately US$26 billion, so the industry predicts that AMD may negotiate with a premium of US$30 billion to acquire Xilinx as a wholly-owned subsidiary.

People familiar with the matter said that the negotiations between AMD and Xilinx were not smooth until the recent resumption of negotiations and it is possible that the transaction will be finalized and announced next week.

At present, the main competitors of AMD in the chip field are Intel and Nvidia. Of course, AMD is relatively lagging in terms of market share.

Intel far surpasses AMD in business such as desktop processors, especially data centers, and Nvidia also surpasses AMD in terms of graphics cards.

The good news is that the current strength and competitiveness of AMD are also growing rapidly. During the epidemic, PCs, game consoles, and other devices also used AMD CPUs in large numbers.

The acquisition of Xilinx is naturally to continue to improve the overall competitiveness of AMD, which will help AMD to rapidly increase its market share in the network and defense.

At present, AMD and Xilinx have not issued a statement on the rumors, but the media also emphasized that it is still only at the negotiation stage.

AMD’s stock price has similarly increased by 90% this year, and its market value has exceeded US$100 billion. Xilinx’s current market value is approximately US$26 billion and a cumulative increase of approximately 9% during the year.

Via: The Wall Street Journal