The transaction is … If there wasn’t an ASIC solution available in market, or if what was available wasn’t quite right for the application, engineers could always roll their own with an FPGA. AMD will die Übernahme vollständig über einen Aktientausch abwickeln, die Papiere sind über die letzten Jahre signifikant im Wert gestiegen. Xilinx is the inventor of the FPGA and Adaptive SoCs, designed to deliver the most dynamic processor technology in the industry. Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transaction. AMD’s press release claims Xilinx increases its TAM to $110 billion and a combined enterprise value of $135 billion. Like all technology analyst firms, HTVA provides paid services, research and consulting to many semiconductor manufacturers and system OEMs. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. The company simply hasn’t made many acquisitions in recent times and those that it did make didn’t go all that well. This communication is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In tandem, he has also served as a journalist and Tech analyst in the Computing industry and its adjacent markets. This doesn’t mean that the acquisition couldn’t be advantageous for AMD, however. Acquisitions and AMD – Little History of Success Some pundits and analysts are pointing to AMD’s small acquisition history. If you look at the markets Xilinx serves — from the cloud to the edge, with SmartNIC solutions for the data center, to critical 5G infrastructure, machine learning, and ADAS and autonomous vehicles solutions — the company’s products integrate hardened, proven core technologies along with cutting-edge, high speed IO and much more advanced programmable logic. _______________1 Based on trailing twelve months.2 Based on an AMD price of $82.9726, which is the average of AMD’s daily volume weighted average prices per share for the 10 consecutive trading day period up to and including October 8, 2020, the last trading day prior to media reports regarding a potential transaction between AMD and Xilinx. Additional Transaction DetailsUnder the terms of the agreement, Xilinx stockholders will receive a fixed exchange ratio of 1.7234 shares of AMD common stock for each share of Xilinx common stock they hold at the closing of the transaction. About XilinxXilinx develops highly flexible and adaptive processing platforms that enable rapid innovation across a variety of technologies - from the cloud to the edge and to the endpoint. competitor of Intel’s Stratix 10, so with this acquisition, AMD fully enters the FPGA market where it will seek to continue to make a dent in Intel’s … 1 provider of adaptive computing solutions, increases AMD TAM to $110 billion, Immediately accretive to AMD margins, cash flow and EPS, All stock transaction with combined enterprise value of approximately $135 billion. Under the terms of the agreement, Xilinx stockholders will receive a fixed exchange ratio of 1.7234 shares of AMD common stock for each share of Xilinx common stock they hold at the closing of the transaction. AMD expects that the transaction will be completed by the end of 2021. However, beyond HPC and the data center, Xilinx enables AMD to play a critical role in new markets it doesn’t serve as well currently, like 5G, intelligent networking, and autonomous driving. “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,” AMD President and CEO Dr. Lisa Su said. Cookies store useful information on your computer to help us improve the efficiency and relevance of our site for you. AMD will offer the industry’s strongest portfolio of high performance processor technologies, combining CPUs, GPUs, FPGAs, Adaptive SoCs and deep software expertise to enable leadership computing platforms for cloud, edge and end devices. Today AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) have confirmed that they have entered into a definitive agreement for AMD to buy Xilinx in an all-stock transaction valued at $35 billion. The definitive joint proxy statement/prospectus (if and when available) will be mailed to stockholders of AMD and Xilinx. The forward-looking statements in this communication relate to, among other things, obtaining applicable regulatory and stockholder approvals, satisfying other closing conditions to the proposed transaction, the expected tax treatment of the transaction, the expected timing of the transaction, and the integration of the businesses and the expected benefits, cost savings, accretion, synergies and growth to result therefrom. About AMDFor more than 50 years AMD has driven innovation in high performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Follow Dave's work at https://www.facebook.com/HotHardware, or https://twitter.com/@DaveAltavilla. “Our leading FPGAs, Adaptive SoCs, accelerator and SmartNIC solutions enable innovation from the cloud, to the edge and end devices. AMD shares closed more than 4% lower on Tuesday at $78.88. The webcast will be available for 12 months after the conference call. Acquired by . Intel acquired major FPGA player Altera back in 2015, but I haven’t seen the kind of combined strategy and solution selling as I expected since then. Try Pro Free . Post-closing, current AMD stockholders will own approximately 74 percent of the combined company on a fully diluted basis, while Xilinx stockholders will own approximately 26 percent. I cover break-out tech in mobile, on desktop and in the data center. These risks include, among other things: failure to obtain applicable regulatory or stockholder approvals in a timely manner or otherwise; failure to satisfy other closing conditions to the transaction or to complete the transaction on anticipated terms and timing; negative effects of the announcement of the transaction; risks that the businesses will not be integrated successfully or that the combined companies will not realize expected benefits, cost savings, accretion, synergies and/or growth, or that such benefits may take longer to realize than expected; the risk that disruptions from the transaction will harm business plans and operations; risks relating to unanticipated costs of integration; significant transaction and/or integration costs, or difficulties in connection with the transaction and/or unknown or inestimable liabilities; restrictions during the pendency of the transaction that may impact the ability to pursue certain business opportunities or strategic transactions; potential litigation associated with the transaction; the potential impact of the announcement or consummation of the transaction on AMD’s, Xilinx’s or the combined company’s relationships with suppliers, customers, employers and regulators; and demand for the combined company’s products. In some cases, they are essential to making the site work properly. Rumors about AMD’s acquisition … To read this daily update you must be a subscriber (Current members login here.) AMD would gain Xilinx’s formidable presence and technology leadership in 5G, networking, automotive, and communications. The transaction is expected to immediately benefit AMD’s margins, while bringing together two businesses with complementary product portfolios and customers. 6 | AMD STRATEGIC ACQUISITION OF XILINX | OCTOBER 27, 2020 | Enhances AMD’s industry-leading technology portfolio Expands AMD’s rapidly growing data center business Xilinx, a leading provider of adaptive computing solutions, increases AMD’s TAM to $110 billion Immediately accretive to AMD margins, cash flow and EPS AMD CEO Dr. Lisa Su said on the Xilinx deal: "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 … In addition, at least two Xilinx directors will join the AMD Board of Directors upon closing. There are numerous potential synergies in those markets where AMD’s silicon could be brought in along with Xilinx’s. Copies of the documents filed with the SEC by AMD will be available free of charge on AMD’s website at ir.AMD.com or by contacting AMD’s Corporate Secretary by email at Corporate.Secretary@AMD.com. Each of AMD and Xilinx may also file other relevant documents with the SEC regarding the proposed transaction. As always, these deals take time to close upon regulatory approval, but I don’t see any major hurdles there. TrendForce estimates that AMD is on track to become the fourth largest fabless semiconductor company after the deal closes. Dave Altavilla has lived and breathed the Semiconductor and Computing industries for over two decades as a Field Sales Engineer and Global Account Manager for leading, Dave Altavilla has lived and breathed the Semiconductor and Computing industries for over two decades as a Field Sales Engineer and Global Account Manager for leading Silicon Valley chip manufacturers. The only thing left is the doing, as they say. Opinions expressed by Forbes Contributors are their own. The transaction is currently expected to close by the end of calendar year 2021. Stay Connected. The transaction has been unanimously approved by the AMD and Xilinx Boards of Directors. The Xilinx team is one of the strongest in the industry and we are thrilled to welcome them to the AMD family. SILICON VALLEY, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) today announced they have entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at $35 billion. The acquisition brings together two industry leaders with complementary product portfolios and customers. Additional Information about the Acquisition and Where to Find It. For AMD the Xilinx acquisition will be a major data center and HPC (High Performance Computing) play, where the critical building block accelerators are CPUs, GPUs and FPGAs. Forward-looking statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. These are the details. Crunchbase News ; Subscribe to the Crunchbase Daily ; Who We Are. This document is not a substitute for the joint proxy statement/prospectus or any other document that AMD or Xilinx may file with the SEC. That sounds about right to me; we’re talking market-moving impact here. AMD . The announcement of AMD entering into an agreement to acquire adaptive computing powerhouse Xilinx for $35 billion in an all-stock transaction, is a proverbial case study in Silicon Valley power moves. Posted on Wednesday, October 28, 2020 Wednesday, October 28, 2020 Author by Ben Thompson. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT ARE OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. For more information, visit www.xilinx.com. The combination will create the industry’s leading high performance computing company, significantly expanding the breadth of AMD’s product portfolio and … That sounds about right to … “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. AMD and Xilinx have entered into a definitive agreement for the former to acquire the latter in a $35bn transaction. Forward-looking statements speak only as of the date they are made or as of the dates indicated in the statements and should not be relied upon as predictions of future events, as there can be no assurance that the events or circumstances reflected in these statements will be achieved or will occur. BofA Securities is also acting as a financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel. Based on the exchange ratio, this represents approximately $143 per share of Xilinx common stock 2. The $35B AMD-Xilinx Acquisition: 7 Big Things To Know. Xilinx was acquired by AMD for $35B on Oct 27, 2020. For more information, refer to AMD's privacy policy and cookie policy. We empower our customers to deploy differentiated platforms to market faster, and with optimal efficiency and performance. M&A Details. You may opt-out by. Computer-chip designer AMD will buy industry peer Xilinx in a $35 billion all-stock deal, the companies announced Tuesday. Semiconductor designer Advanced Micro Devices on Tuesday said it has agreed to buy Xilinx in a $35 billion all-stock deal. A more fulsome discussion of the risks related to the proposed transaction will be included in the joint proxy statement/prospectus . The transaction has been unanimously approved by the AMD and Xilinx Boards of Directors. Tip Dave a scoop at: davea(at)hothardware.com, © 2021 Forbes Media LLC. Xilinx shares closed up over 8.5%. The details of the deal revealed yesterday suggest that AMD is interested in paying up to $20 billion for acquiring Xilinx. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, Facebook and Twitter pages. The acquisition is subject to approval by AMD and Xilinx shareholders, certain regulatory approvals and other customary closing conditions. Additional Transaction Details Under the terms of the agreement, Xilinx stockholders will receive a fixed exchange ratio of 1.7234 shares of AMD common stock for each share of Xilinx common stock they hold at the closing of the transaction. Information about the directors and executive officers of AMD, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in AMD’s proxy statement for its 2020 annual meeting of stockholders, which was filed with the SEC on March 26, 2020. Our shared cultures of innovation, excellence and collaboration make this an ideal combination. AMD, Xilinx and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. 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