International Electronic Business News on the 15th, on the evening of February 14, the American processor manufacturer AMD announced that it had completed the acquisition of Xilinx, a major programmable chip (FPGA) manufacturer, in an all-stock transaction.

Upon completion of the acquisition, Xilinx shareholders will exchange 1.7234 shares of AMD common stock for each share of Xilinx common stock, and Xilinx common stock will no longer be traded on the Nasdaq stock market.

On October 27, 2020, AMD announced the acquisition of Xilinx in an all-stock transaction valued at a total value of $35 billion (click for related reading). Based on the current transaction value of the shares of the two companies, the acquisition is expected to be worth $50 billion.

The completion of the acquisition means that AMD will become another super-large semiconductor manufacturer with three product lines of CPU, GPU and FPGA after Intel.

After the collaborative integration of business processes with Xilinx is completed, it is expected that the new AMD will have the competitive advantage to directly compete with NVIDIA and Intel in the data center field (related reading: AMD is coming, can Intel turn over in the PC processor market in 2021?) .

It is understood that Xilinx CEO Victor Peng will serve as president of the newly established Adaptive and_Embedded Computing Group, and Su Zifeng will serve as president and CEO of the combined, new AMD company. The new combined company will employ more than 15,000 engineers and employ a fully outsourced manufacturing strategy that is highly dependent on TSMC.

"The acquisition of Xilinx brings together a suite of highly complementary products, customers and markets, as well as differentiated IP and world-class talent, to build us into an industry leader," said Lifeng Su, AMD President and CEO. A leader in performance and adaptive computing. Xilinx's leading FPGA, adaptive SoC, AI engine and software expertise will enable AMD to deliver an exceptional portfolio of high performance and adaptive computing solutions and help us Capture a larger share of the foreseeable approximately $135 billion cloud computing, edge computing and smart device market opportunity.”