• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Geeky Gadgets

Gadgets and Technology News

  • Home
  • Apple
  • Android
  • Deals
  • Gadgets
  • Technology
  • Hardware
  • Gaming
  • Cars


AMD to acquire Xilinx for $35 billion

9:59 am October 28, 2020 By Julian Horsey

  • Share
  • Tweet
  • Pin
  • Email

AMD XilinxAMD has today announced the acquisition for Xilinx, the “number one” provider of adaptive computing solutions in an all-stock transaction valued at $35 billion. Xilinx is an American technology company specialising in the development of highly flexible and adaptive processing platforms, and invented the field-programmable gate array (FPGA), programmable system-on-chips (SoCs), and the adaptive compute acceleration platform (ACAP). As well as being the semiconductor company responsible for creating the first fabless manufacturing model.

“AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) today announced they have entered into a definitive agreement for AMD to acquire Xilinx. 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.”

AMD expects to achieve operational efficiencies of approximately $300 million within 18 months of closing the transaction, primarily based on synergies in costs of goods sold, shared infrastructure and through streamlining common areas.

Source : AMD :

Filed Under: Technology News, Top News

Latest Geeky Gadgets Deals


Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn more.

Primary Sidebar

  • Email
  • Facebook
  • RSS
  • Twitter

Top News

Half-Life Alyx VR

Half-Life Alyx VR game nominated for 2021 BAFTA Best Game award

Arlo Essential Indoor Camera

Arlo Essential Indoor Security Camera now available to pre-order for $100

Star Wars pinball VR

Star Wars pinball VR game launches April 29th 2021

ProLab mouse is a tiny all-in-one control hub

PlayStation store

PlayStation Store discontinuing TV, movie rentals and purchases

Last Minute Deals

Apple News

iPhone 13 Pro

iPhone 13 Pro to come with 120Hz display, smaller notch and more

Folding iPhone

Apple’s folding iPhone could launch in 2023

iPhone SE

New iPhone SE rumored for early 2022

2021 iPad Mini

Will the 2021 iPad Mini look like this?

iPhone 13

Apple’s iPhone 13 to feature 1TB of storage

Technology News

microSD

Greenliant 1TB microSD industrial memory cards launch this month

Arduino IDE 2

Arduino IDE 2.0 (beta) officially unveiled

Embedded World 2021

Innodisk showcases new products at Embedded World 2021

Firefox Picture-in-Picture

Firefox now supports multiple video playback in new picture-in-picture mode

Toyota compact hydrogen fuel cell

Toyota has developed a new compact hydrogen fuel cell

Android News

Samsung Galaxy A32

Samsung Galaxy A32 Indian pricing revealed

Gionee Max Pro

Gionee Max Pro smartphone unveiled

Samsung Galaxy S21 Ultra vs iPhone 12 Pro Max

Battery Life Test: Samsung Galaxy S21 Ultra vs iPhone 12 Pro Max (Video)

Xiaomi Redmi Note 10

Xiaomi Redmi Note 10 specifications revealed

OnePlus 9

New OnePlus 9 smartphones coming March 8th

Footer

About Us

  • About Geeky Gadgets
  • Advertise On Geeky Gadgets
  • Archives
  • Contact Us
  • Disclosure Policy
  • Free Newsletter
  • Geeky Gadgets Logo
  • Privacy Policy
  • Site Map

Further Reading

  • Auto News
  • Camera News
  • Concepts & Design
  • Entertainment News
  • Design News
  • Geeky Stuff
  • Apple iPad
  • Apple iPhone
  • Mobile Phone News
  • Sponsored
  • Tablet News

Copyright 2007 - 2020 Geeky Gadgets