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AMD Completes Acquisition of Xilinx

AMD has officially completed the purchase of Xilinx after the acquisition was announced on 27 October 2020. The deal creates the industry’s high-performance and adaptive computing leader with significantly expanded scale and the strongest portfolio of leadership computing, graphics, and adaptive SoC products.

AMD expects the acquisition of Xilinx to be accretive to non-GAAP margins, non-GAAP EPS, and free cash flow generation in the first year.

The acquisition of Xilinx brings together a highly complementary set of products, customers, and markets combined with differentiated IP and world-class talent to create the industry’s high-performance and adaptive computing leader. Xilinx offers industry-leading FPGAs, adaptive SoCs, AI engines, and software expertise that enable AMD to offer the strongest portfolio of high-performance and adaptive computing solutions in the industry and capture a larger share of the approximately $135 billion market opportunity we see across cloud, edge and intelligent devices. - AMD President and CEO Dr. Lisa Su.

Victor Peng, the former CEO of Xilinx will be joining AMD as the president of the newly formed Adaptive and Embedded Computing Group (AECG), which focuses on driving leadership FPGA, Adaptive SoC, and software roadmaps, now with the bigger scale of the combined company, and the ability to provide an expanded set of solutions, including AMD CPUs and GPUs.

Upon closing the deal, Xilinx stockholders received 1.7234 shares of AMD's common stock and cash in place of any fractional shares of AMD common stock for each share of Xilinx common stock. Xilinx common stock will no longer be listed for trading on the NASDAQ stock market.


#AMD #Xilinx



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