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Feb 14, 2022 · AMD. Advanced Micro Devices Inc (NASDAQ: AMD) completed the acquisition of Xilinx Inc (NASDAQ: XLNX) in an all-stock transaction. Xilinx stockholders received 1.7234 shares of AMD and cash in...
Xilinx, Inc. (XLNX.NASDAQ): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Xilinx, Inc. | Nasdaq: XLNX | Nasdaq.
- Samuel O'brient
- Valued at $50 billion, this is a record deal for the computer chip industry. It was originally set at $35 billion, but AMD stock’s growth since the deal’s announcement has driven up the price.
- According to Dr. Lisa Su, president and CEO of AMD, the merger will allow her company to “capture a larger share of the approximately $135 billion market opportunity” that it sees in the areas of cloud, edge and intelligent devices.
- Xilinx brings quite a bit to the table for AMD. Its holdings include expertise in industry-leading field-programmable gate array (FPGAs), adaptive systems on a chip (SoCs) and artificial intelligence (AI) engines.
- Reuters reports that this merger will equip AMD with 15,000 engineers. Additionally, it will mean a completely outsourced manufacturing strategy for the company, which will be reliant on Taiwan Semiconductor Manufacturing (TSMC).
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- Additional Transaction Details
- Management and Board of Directors
- Advisors
- Transaction Website
- Conference Call and Webcast Details
- About AMD
- About Xilinx
- Additional Information About The Acquisition and Where to Find It
- Participants in The Solicitation
- No Offer Or Solicitation
Under the terms of the agreement, Xilinx stockholders will receive a fixed exchange ratio of 1.7234 shares of AMD common stock for each share of Xilinx common stock they hold at the closing of the transaction. Based on the exchange ratio, this represents approximately $143 per share of Xilinx common stock2. Post-closing, current AMD stockholders wi...
Dr. Lisa Su will lead the combined company as CEO. Xilinx President and CEO, Victor Peng, will join AMD as president responsible for the Xilinx business and strategic growth initiatives, effective upon closing of the transaction. In addition, at least two Xilinx directors will join the AMD Board of Directors upon closing.
Credit Suisse and DBO Partners are acting as financial advisors to AMD and Latham & Watkins LLP is serving as its legal advisor. Morgan Stanley is acting as lead financial advisor to Xilinx. BofA Securities is also acting as a financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel.
For more information about the transaction investors are encouraged to visit http://ir.amd.comwhich will be used by AMD to disclose information about the transaction.
AMD will hold a conference call for the financial community at 8:00 AM ET (5:00 AM PT) today to discuss its third quarter 2020 financial results and plans to acquire Xilinx. AMD will provide a real-time audio broadcast of the teleconference on the Investor Relations page of its website at www.amd.com. The webcast will be available for 12 months aft...
For more than 50 years AMD has driven innovation in high performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology d...
Xilinx develops highly flexible and adaptive processing platforms that enable rapid innovation across a variety of technologies - from the cloud to the edge and to the endpoint. Xilinx is the inventor of the FPGA and Adaptive SoCs, designed to deliver the most dynamic processor technology in the industry. We partner with our customers to create sca...
In connection with the proposed transaction, AMD intends to file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 that will include a joint proxy statement of AMD and Xilinx and that also will constitute a prospectus with respect to shares of AMD’s common stock to be issued in the transaction (the “joint ...
AMD, Xilinx and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information about the directors and executive officers of AMD, including a description of their direct or indirect interests, by security holdings or otherwise, is set f...
This communication is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualificat...
3 days ago · Should You Buy or Sell Xilinx Stock? Get The Latest XLNX Stock Analysis, Price Target, Dividend Info, Headlines, Short Interest at MarketBeat.
Xilinx Inc (XLNX) NASDAQ. Currency in USD. Disclaimer. Add to Watchlist. 194.92. 0.00 (0.00%) Closed 11/02. Fair Value. Unlock Value. Day's Range. 192.49 218.95. 52 wk Range. 114.26 239.79....
