The agreement between AMD and Xilinx for the acquisition of the latter from the first for $ 35 billion became known today!
Αchanges in the semiconductor industry in recent months, as well as after acquisition of ARM by Nvidia for $ 40 billion. and sale of Intel NAND SSD to SK Hynix for $ 9 billion., today the agreement between her became known AMD and Xilinx to redeem the second from the first against $ 35 billion!
Η AMD proceeded with the acquisition in order to remain competitive with Intel in the field of processors for datacenters. As part of the acquisition, Xilinx staff will continue to work as a team under the umbrella of the owner AMD, when of course the acquisition is officially completed with the necessary approvals of the regulatory authorities.
As stated by Lisa Su, CEO of AMD,
The Xilinx team is one of the most capable in the industry and we are excited to welcome them into the AMD family.