AMD to Acquire Xilinx, Creating the Industry’s High Performance Computing Leader

Nachrichtenquelle: globenewswire
27.10.2020, 11:31  |  226   |   |   

Strategic transaction strengthens AMD’s industry-leading technology portfolio

  • Expands AMD’s rapidly growing data center business
  • Xilinx, the No. 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

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 combination will create the industry’s leading high performance computing company, significantly expanding the breadth of AMD’s product portfolio and customer set across diverse growth markets where Xilinx is an established leader. The transaction is expected to be immediately accretive to AMD margins, EPS and free cash flow generation and deliver industry-leading growth.

The acquisition brings together two industry leaders with complementary product portfolios and customers. 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. Together, the combined company will capitalize on opportunities spanning some of the industry’s most important growth segments from the data center to gaming, PCs, communications, automotive, industrial, aerospace and defense.

“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. “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.”

Seite 1 von 6
Advanced Micro Devices Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de



Diesen Artikel teilen

0 Kommentare

Schreibe Deinen Kommentar

Bitte melden Sie sich an, um zu kommentieren. Anmelden | Registrieren

 

Disclaimer

AMD to Acquire Xilinx, Creating the Industry’s High Performance Computing Leader — Strategic transaction strengthens AMD’s industry-leading technology portfolio — Expands AMD’s rapidly growing data center businessXilinx, the No. 1 provider of adaptive computing solutions, increases AMD TAM to $110 billionImmediately accretive …

Meistgelesene Nachrichten des Autors

Titel
Titel
Titel
Titel