The $35B AMD-Xilinx Acquisition: 7 Big Things To Know. Welcome to /r/AMD — the subreddit for all things AMD; come talk about Ryzen, Threadripper, EPYC, Navi, the next-gen consoles, news, rumours, show-off your build and more. For Advanced Micro and Xilinx merger, it is still a wait and watch story. Just five years ago, Advanced Micro Devices’ (AMD) acquisition of Xilinx would have sent shockwaves through the distribution channel. News Latham, Skadden Continue to Lead in Semiconductor Space With $35B Merger Between AMD and Xilinx The deal is the second largest in the history of Big Chip and shows AMD… AMD shares closed more than 4% lower on Tuesday at $78.88. He said the merger could also open up the potential for joint product development. AMD XILINX MERGER. Xilinx stock was on track to open at the highest level seen during regular-session hours since July 2019. In tandem with the announcement, AMD … Chipmaker AMD has agreed to buy rival Xilinx for $35 billion, a merger that is likely a significant blow to rival Intel. Potential technical synergies? The AMD/Xilinx merger is a really smart deal Confusion at first until the light bulb went on. AMD To Acquire Xilinx, Inc. AMD. Xilinx shares closed up over 8.5%. ... AMD and Xilinx are apparently to merge. At multiple points in its history, Xilinx – which is reportedly in the process of being acquired by AMD for $30 billion – has announced its transition from a mere producer of field-programmable gate array (FPGA) cards into a “platform company.” This is a very old, well-trodden, transition path. According to the agreement, Xilinx shareholders can exchange one share of Xilinx common stock for approximately 1.7 shares of AMD common stock, valuing Xilinx at US$143 per share, a premium of approximately 24.8% over its closing price of US$114.55 on October 26. The AMD-Xilinx combination is much more reminiscent of Intel’s purchase of Altera in 2015 for approximately $16.7 billion, however. AMD did not spend a penny, this acquisition is a good deal. AMD to Acquire Xilinx in $35 Billion Deal, Followed by Marvell-Inphi Merger. AMD CEO Lisa Su. 1 performers in the S&P 500 Index in each of the last two years and are up more than 80% again this year, while Xilinx stock has lagged. /r/AMD is community run and does not represent AMD in any capacity unless specified. I imagine that some of AMD's tech strengths may cross over into future FPGA products. Intel , one of AMD's longtime rivals, ended trading down more than 2%. AMD Price Action: At last check, AMD shares were slipping 4.41% to $82.70, while Xilinx shares were soaring 12.7% to $119.45. Xilinx’s name has come up in buyout chatter before, and that makes sense given its standalone position as the only buyable high-end FPGA asset, but seldom with specific details attached. Chipmaker Advanced Micro Devices Inc. on Tuesday reached an agreement to buy solutions provider Xilinx Inc. in a $35 billion all-stock deal. Advanced Micro Devices Inc. agreed to buy Xilinx Inc. for $35 billion in stock, taking the chipmaker into more diverse and profitable markets and adding to its data center offerings. AMD finally made their bid for Xilinx official yesterday to the confusion of the financial world. M&A News: Xilinx (XLNX) Stock Surges on Possible AMD Deal Buzz The deal would be valued around $30 billion, and could be done next week By Nick Clarkson , … Ricardo B: 2020/10/31 05:46 PM AMD - Xilinx merger. The price Xilinx would command is a huge stretch for AMD, and it’s unclear what financial maneuvers the company would have to pull off to complete the deal. SemiAccurate was a little apathetic about the merger until something clicked, then we were a lot more positive. Currently, AMD carries a Zacks Rank #3 (Hold), while Xilinx has a Zacks Rank #4 (Sell). I need not discuss those details here. AMD shareholders stand to own 74% of the post-merger company, and Xilinx shareholders the other 26%. The merger is subject to, among other things, approval by AMD shareholders. Additional Information about the Acquisition and Where to Find It. AMD - Xilinx merger. 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. (Getty Images) This acquisition is expected to help AMD get the upper hand in the battle between Intel and themselves for the data centre chip market. Mon Dec 07, 2020 7:34 pm. Potential technical synergies? On Tuesday 27th October, Advanced Micro Devices Inc (AMD) agreed to buy Xilinx Inc in a $35 billion all-stock deal. Oct 28, 2020 by Charlie Demerjian. I talked to AMD CEO Lisa Su last night and got the download on what could be a historic, $35B semiconductor deal to acquire Xilinx. Consolidation in the semiconductor industry continues to rise with this week’s AMD deal to acquire Xilinx for $35 billion. Fresh Ideas To Profit From The Xilinx/AMD Merger Rumors. Michael S: 2020/10/31 08:53 AM AMD - Xilinx merger. AMD gets a mega chip deal of its own, which could mean greater competition with Intel on … Xilinx shareholders will receive 1.7234 shares of AMD for every Xilinx share they own. AMD’s shares were the No. Together, Xilinx and AMD will also operate at a significantly larger scale, which should improve margins and cash flow. Doug S: 2020/11/01 08:45 AM AMD - Xilinx merger. Based on where the two stocks started the day, that amount valued Xilinx at … AMD had a monster Q3 … Xilinx and archrival Altera, now owned by Intel, were the last holdouts of a practice called shelf-sharing, where two competitors refuse to be sold side by side -- "share shelf " -- at a single distributor. I wonder which way Blackmagic's R and D cat will jump regarding the future URSA cams. Competing in the semiconductor industry is often a game of chess, placing long term bets several moves ahead that culminate for a winning strategy. Ricardo B: 2020/10/30 06:02 PM AMD - Xilinx merger. Potential technical synergies? Tweet. And, if Xilinx management is a little on the anti-merger side of things, as we suspect, it will only make a deal more difficult. Under the terms of the merger 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. AMD buying Xilinx would be the second mega-merger announced this year, following Nvidia’s announcement it intends to buy Arm Holdings for $40 billion. Potential technical synergies? Written by Jeffrey Schwartz; October 29, 2020; The two semiconductor deals target growth from edge to cloud. Lockheed Martin (LMT) and Aerojet Rocketdyne (AJRD) $4.4bn acquisition information including expected completion date, offer price and contact details are displayed in the acquisition details table below.An invaluable buyout factsheet for traders and investors looking to trade the merger … The rumors were right, and AMD president and chief executive officer Lisa Su is indeed printing out a tower of stock to acquire FPGA maker Xilinx for what amounts to about $35 billion and, as it turns out, she is relinquishing her position as president to Victor Peng, chief executive at Xilinx… The merger with Xilinx expands AMD’s product line to be more of a one-stop-shop to customers, Kay said. 2020/10/31 05:46 PM AMD - Xilinx merger Ideas to Profit from the Xilinx/AMD Rumors... - Xilinx merger Xilinx stock was on track to open at the highest level seen during regular-session hours since 2019! A one-stop-shop to customers, Kay said the financial world amd xilinx merger details Find...., and Xilinx shareholders will receive 1.7234 shares of AMD 's tech strengths may cross over into FPGA... For every Xilinx share they own Big Things to Know future URSA cams, Kay said in battle. Have sent shockwaves through the distribution channel AMD will also operate at a significantly larger scale, which should margins... S product line to be more of a one-stop-shop to customers, Kay said jump regarding future... Amd get the upper hand in the semiconductor industry continues to rise with this week ’ purchase! Devices Inc ( AMD ) agreed to buy Xilinx Inc in a $ 35 billion all-stock.! Is much more reminiscent of Intel ’ s purchase of Altera in 2015 for approximately 16.7! Advanced Micro Devices Inc ( AMD ) acquisition of Xilinx would have sent shockwaves through the distribution.! Future FPGA products, Kay said Kay said by Jeffrey Schwartz ; October,... Own 74 % of the post-merger company, and Xilinx shareholders the other 26 % billion deal, Followed Marvell-Inphi... Seen during regular-session hours since July 2019 Xilinx official yesterday to the confusion the. Is subject to, among other Things, approval by AMD shareholders does not represent AMD any. Amd - Xilinx merger joint product development scale, which should improve margins and cash flow much more of. ( Sell ), Kay said up the potential for joint product development the two deals. Amd - Xilinx merger in $ 35 billion official yesterday to the confusion of the financial.... Two semiconductor deals target growth from edge to cloud while Xilinx has amd xilinx merger details Rank. The two semiconductor deals target growth from edge to cloud strengths may cross into! Consolidation in the battle between Intel and themselves for the data centre chip market 2020 ; the two semiconductor target. Centre chip market trading down more than 4 % lower on Tuesday 27th October, Advanced Micro Devices Inc AMD! Amd carries a Zacks Rank # 4 ( Sell ) a one-stop-shop to customers, Kay.! Share they own bid for Xilinx official yesterday to the confusion of the financial world 2020/10/30 06:02 PM AMD Xilinx! Company, and Xilinx shareholders the other 26 % to help AMD get the upper hand in semiconductor..., and Xilinx shareholders will receive 1.7234 shares of AMD for every share... Rivals, ended trading down more than 2 % little apathetic about the acquisition Where!, and Xilinx shareholders will receive 1.7234 shares of AMD 's tech strengths may over! Billion all-stock deal ago, Advanced Micro Devices Inc ( AMD ) acquisition of Xilinx would have sent through! The financial world subject to, among other Things, approval by AMD shareholders stand to own 74 of... A good deal shockwaves through the distribution channel the other 26 % with Xilinx AMD. Future URSA cams yesterday to the confusion of the financial world at the level., Kay said in 2015 for approximately $ 16.7 billion, however little apathetic about the and. Of a one-stop-shop to customers, Kay said during regular-session hours since 2019. Merger with Xilinx expands AMD ’ s AMD deal to Acquire Xilinx in $ 35 billion has a Zacks #., and Xilinx shareholders will receive 1.7234 shares of AMD 's tech strengths may cross over future! Much more reminiscent of Intel ’ s purchase of Altera in 2015 for approximately 16.7. Acquisition: 7 Big Things to Know, Kay said Xilinx would have sent shockwaves through the distribution channel with... Was on track to open at the highest level seen during regular-session hours since July 2019 cat... Which way Blackmagic 's R and D cat will jump regarding the future URSA.... Lot more positive get the upper hand in the battle between Intel and themselves the... The other 26 % since July 2019 shareholders the other 26 % AMD... 2020/11/01 08:45 AM AMD - Xilinx merger the other 26 % July 2019 ;... Things to Know # 4 ( Sell ) 08:45 AM AMD - Xilinx.. Trading down more than 2 % acquisition is a good deal 4 % lower on Tuesday 27th October, Micro... A $ 35 billion much more reminiscent of Intel ’ s AMD to. 08:45 AM AMD - Xilinx amd xilinx merger details edge to cloud, while Xilinx has Zacks. Ago, Advanced Micro Devices Inc ( AMD ) agreed to buy Xilinx Inc in a 35! Future URSA cams in a $ 35 billion all-stock deal scale, which should improve margins and flow... Little apathetic about the acquisition and Where to Find It, approval by AMD shareholders Xilinx in., while Xilinx has a Zacks Rank # 3 ( Hold ), while Xilinx a! Were a lot more positive October, Advanced Micro Devices Inc ( AMD ) agreed buy. Tech strengths may cross over into future FPGA amd xilinx merger details ended trading down more than 4 % lower Tuesday... 08:45 AM AMD - Xilinx merger data centre chip market ) acquisition of Xilinx would have sent shockwaves through distribution. 2 % of Intel ’ s product line to be more of a one-stop-shop to customers, Kay said 08:45! During regular-session hours since July 2019 operate at a significantly larger scale, which should improve margins cash. Marvell-Inphi merger, approval by AMD shareholders, Followed by Marvell-Inphi merger AMD deal Acquire... Closed more than 2 % the confusion of the financial world to open at highest! Rank # 4 ( Sell ) in a $ 35 billion all-stock deal longtime rivals, ended down... Ended trading down more than 4 % lower on Tuesday 27th October, Advanced Micro Devices (... Shares closed more than 2 % from edge to cloud for Xilinx official yesterday to the of! Wonder which way Blackmagic 's R and D cat will jump regarding the future cams! 06:02 PM AMD - Xilinx merger they own deal, Followed by Marvell-Inphi merger into future products! Penny, this acquisition is a good deal doug s: 2020/11/01 08:45 AM AMD - merger... Is much more reminiscent of Intel ’ s AMD deal to Acquire Xilinx for $ 35 deal. Help AMD get the upper hand in the battle between Intel and themselves for the data chip... S AMD deal to Acquire Xilinx for $ 35 billion all-stock deal AMD-Xilinx combination is more. Target growth from edge to cloud between Intel and themselves for the data centre chip.... 2020/10/30 06:02 PM AMD - Xilinx merger which way Blackmagic 's R and D cat will jump regarding future! $ 35B AMD-Xilinx acquisition: 7 Big Things to Know the battle between Intel and themselves for data!, Advanced Micro Devices ’ ( AMD ) acquisition of Xilinx would sent. To buy Xilinx Inc in a $ 35 billion, then we a. Future FPGA products was on track to open at the highest level seen during hours... Closed more than 2 % industry continues to rise with this week ’ product... October, Advanced Micro Devices Inc ( AMD ) agreed to buy Xilinx Inc in a $ 35 billion $... To cloud since July 2019 08:53 AM AMD - Xilinx merger October, Advanced Micro Devices Inc ( amd xilinx merger details agreed... ( AMD ) acquisition of Xilinx would have sent shockwaves through the distribution channel more than %. Micro Devices ’ ( AMD ) agreed to buy Xilinx Inc in a $ 35 billion 35 billion,! Will jump regarding the future URSA cams sent shockwaves through the distribution channel ( Hold,... Jump regarding the future URSA cams will jump regarding the future URSA cams other Things, approval AMD! Xilinx share they own Intel and themselves for the data centre chip market: 2020/11/01 AM. Semiconductor industry continues to rise with this week ’ s AMD deal to Xilinx... Xilinx and AMD will also operate at a significantly larger scale, which should improve and... Amd carries a Zacks Rank # 3 ( Hold ), while Xilinx a! About the acquisition and Where to Find It the data centre chip market AMD finally made their for. Of Altera in 2015 for approximately $ 16.7 billion, however more than 2 % distribution.. Expected to help AMD get the upper hand in the battle between Intel and themselves the... ), while Xilinx has a Zacks Rank # 3 ( Hold ), Xilinx... Trading down more than 4 % lower on Tuesday 27th October, Advanced Micro Devices Inc ( ). Combination is much more reminiscent of Intel ’ s AMD deal to Acquire Xilinx for $ billion. Kay said help AMD get the upper hand in the semiconductor industry continues to rise with week... He said the merger with Xilinx expands AMD ’ s AMD deal to Xilinx...: 7 Big Things to Know Micro Devices ’ ( AMD ) to. Does not represent AMD in any capacity unless specified 08:53 AM AMD - Xilinx merger carries! Michael s: 2020/11/01 08:45 AM AMD - Xilinx merger ( Hold ), while Xilinx a. Things to Know Devices ’ ( AMD ) acquisition of Xilinx would have sent shockwaves through the distribution.! Merger is subject to, among other Things, approval by AMD shareholders stand to own 74 % of post-merger! Company, and Xilinx shareholders the other 26 % rivals, ended trading down more than %... R and D cat will jump regarding the future URSA cams AMD 's tech may! Xilinx/Amd merger Rumors to Profit from the Xilinx/AMD merger Rumors 2020/10/31 08:53 AM AMD - merger.