Keyword Analysis & Research: xlnx to amd

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How much did AMD buy Xilinx for?

All stock transaction with combined enterprise value of approximately $135 billion SILICON VALLEY, CALIF. AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) today announced they have entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at $35 billion.

Who is the CEO of AMD and Xilinx?

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.

What does amdamd expect to achieve from the transaction with Xilinx?

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. The transaction has been unanimously approved by the AMD and Xilinx Boards of Directors.

Will the AMD-Xilinx merger happen in 2022?

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. In this Motley Fool Live segment from "Semiconductor Revolution" recorded on Jan. 6, Fool.

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