AMD’s $35 billion Xilinx deal has gone through
by Chaim Gartenberg from The Verge - All Posts on (#5W0VP)
AMD's $35 billion acquisition of semiconductor company Xilinx is officially going through, with the deal - originally announced in October 2020 - finally meeting all the various regulatory approval it needs to happen. The transaction (which would be the largest in AMD's history) is set to go through next week on February 14th, AMD announced.
The deal cleared its final hurdle - regulatory approval in China - on January 27th, setting the stage for AMD and Xilinx to finally close the acquisition.
Xilinx, while also a semiconductor company, specializes in a very different kind of chip than the CPUs and GPUs for computers and serves that AMD has built its brand on. Specifically, Xilinx produces programmable semiconductors, including FPGAs...