AMD and Xilinx: the acquisition is official

The marriage between AMD and Xilinx is now a done deal. The acquisition was announced some time ago and now the bureaucracy has had its day too

AMD announces that it has completed the acquisition of Xilinx, thus giving birth to the new leader in the field of high performance and adaptive computing. This acquisition is officially the largest in semiconductor history and unites two industry leaders with complementary product portfolios, customers and market expertise.

AMD and Xilinx: the wedding is official

Xilinx’s business will be AMD’s new Adaptive and Embedded Computing Group (AECG), led by former Xilinx CEO Victor Peng. The AECG division will continue to focus on adaptive FPGA and SoC productsas well as embedded product roadmaps for its target markets, now taking advantage of efficiencies of scale and the ability to offer a wider range of solutions, including CPUs and GPUs from AMD.

Lisa Su, AMD CEO, said:

The acquisition of Xilinx brings together highly complementary products, customers and markets with diversified intellectual property and world-class talent, creating the new leader in high-performance and adaptive computing. Xilinx offers market-leading programmable logic devices (FPGAs), adaptive SoCs, AI engines and software expertise, which will enable us to offer the industry’s best portfolio of adaptive and high-performace computing solutions to the market, as well as target a greater share of the approximately $ 135 billion of market opportunities we anticipate in the cloud, edge and smart devices.

Mario Silveira, AMD’s corporate vice president of EMEA said:

This day represents a historic moment for AMD in EMEA, as by joining forces with Xilinx we create the leader in high performance and adaptive computing. Now, AMD has the broadest product portfolio in the industry for the computing, graphics and adaptive SoC segments. We are excited about the opportunity to collaborate with our customers in a wider range of markets such as telecommunications, automotive and industrial, which have been the pillars of economic growth in EMEA.

The consequences

The acquisition offers multiple benefits, including:

• Increase in addressable TAM from $ 80 to $ 135 billion and expansion to new markets and customers
  • Xilinx’s strategic partnerships in the wired and wireless communications, automotive, industrial, aerospace and defense, broadcasting, measurement and simulation and consumer markets complement AMD’s presence in the PC and data center markets.
• Expansion in Research and Development
  • The acquisition brings further expertise in the research and development of advanced technologies, including innovative stacking and packaging technologies, chiplet and interconnect solutions, AI and domain-specific architectures, and advanced software platforms.
• Strengthening the financial model
  • The acquisition provides multiple diversified revenue streams into new markets with longer, high-margin production cycles, while maintaining AMD’s industry-leading growth.
  • The transaction is expected to accretive non-GAAP gross and operating margins, non-GAAP EPS and free cash flow generation in the first year.

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The article AMD and Xilinx: the acquisition is official comes from TechGameWorld.com.