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As a reminder, each Xilinx shareholder will get 1.7234 shares of AMD for every share of Xilinx they own. As of this writing, Xilinx's market cap is at just over $36 billion (to AMD's nearly $128 billion). So what is AMD actually getting from this deal? Image source: Getty Images.Is the AMD-Xilinx merger still pending?
The merger between AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) has been a long time coming. AMD had previously said it foresaw its acquisition being complete by the end of 2021. But here we are in 2022, and the deal is still pending.Is Xilinx worth $143 a share?
Tom Keene reports.Source: Bloomberg) Xilinx investors will get 1.7234 AMD shares for each Xilinx stock they own. That values Xilinx at about $143 a share, 25% more than the closing price on Monday and 35% above the price before news of a possible deal was reported earlier in October.What does the acquisition of AMD mean for the industry?
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.