Xilinx

History

2022: Approval of AMD Sale in China

In January 2022, Chinese regulators granted Advanced Micro Devices Inc. permission to buy Xilinx Inc. for $35 billion, clearing the way for one of the largest transactions in the global semiconductor industry.

The regulator approved the deal with some conditions, the antitrust authority said in a statement. He asked AMD not to discriminate against Chinese customers and continue to supply Xilinx products to the country.

The acquisition has already received the "blessing" of regulators in the United States, Europe and the United Kingdom.

Xilinx shares rose more than 6% on the premarket, AMD climbed slightly.

2020: AMD bought Xilinx for $35 billion

On October 27, 2020, AMD announced the purchase of Xilinx for $35 billion to strengthen its position in the market for data center solutions. As a result of the merger, a semiconductor manufacturer with a market capitalization of $135 billion will appear. At the same time, the deal turned out to be cash-free: the parties simply agreed to exchange shares based on 1,7234 AMD shares for one Xilinx share.

The deal was approved by the boards of AMD and Xilinx. Now shareholders and regulators should announce their decisions. If in all cases a green light is given, then AMD shareholders will receive 74% of the securities of the combined company, the remaining share will go to Xilinx shareholders.

AMD acquired Xilinx for $35 billion

Lisa Su will continue to lead the combined company, two Xilinx representatives will be on the board of directors, and the current head of this company, Victor Peng, will become the president of AMD, responsible for the profile business.

It is assumed that the FPGA product line will provide AMD with an almost complete portfolio of computing equipment: x86 and ARM processors, graphics processors, scalar computing processors based on graphics processors, partially configurable SoC, low-power processors, and now FPGA.

By the end of October 2020, the sale of Xilinx to AMD is one of the largest transactions in the chip market, where there has recently been rapid consolidation. AMD's capitalization is $96 billion, since the beginning of 2020 it has increased by 79% due to increased demand for PCs, game consoles and other devices that use AMD chips, amid the crisis caused by the coronavirus pandemic. COVID-19 The market value of Xilinx is about $29 billion, the company's shares have risen by 17% this year.

On the news of the deal, AMD shares lost 4.4% during preliminary trading on October 27, 2020, Xilinx - added 10%.^[1]

2019: Solarflare Network Developer Purchase

At the end of April 2019, Xilinx announced the purchase of Solarflare to expand its networking capabilities. The value of the transaction, which is planned to be closed in the fourth quarter of 2019, the companies did not disclose. More details here.

Notes