amd xilinx merger details

The AMD/Xilinx merger is a really smart deal Confusion at first until the light bulb went on. 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. Chipmaker Advanced Micro Devices Inc. on Tuesday reached an agreement to buy solutions provider Xilinx Inc. in a $35 billion all-stock deal. The AMD-Xilinx combination is much more reminiscent of Intel’s purchase of Altera in 2015 for approximately $16.7 billion, however. The merger with Xilinx expands AMD’s product line to be more of a one-stop-shop to customers, Kay said. Just five years ago, Advanced Micro Devices’ (AMD) acquisition of Xilinx would have sent shockwaves through the distribution channel. He said the merger could also open up the potential for joint product development. AMD XILINX MERGER. Competing in the semiconductor industry is often a game of chess, placing long term bets several moves ahead that culminate for a winning strategy. 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. Additional Information about the Acquisition and Where to Find It. Potential technical synergies? Fresh Ideas To Profit From The Xilinx/AMD Merger Rumors. The merger is subject to, among other things, approval by AMD shareholders. Potential technical synergies? 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. 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. AMD - Xilinx merger. Ricardo B: 2020/10/30 06:02 PM AMD - Xilinx merger. AMD CEO Lisa Su. SemiAccurate was a little apathetic about the merger until something clicked, then we were a lot more positive. 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. 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. 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. 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 , … 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. Currently, AMD carries a Zacks Rank #3 (Hold), while Xilinx has a Zacks Rank #4 (Sell). Chipmaker AMD has agreed to buy rival Xilinx for $35 billion, a merger that is likely a significant blow to rival Intel. 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. Oct 28, 2020 by Charlie Demerjian. Based on where the two stocks started the day, that amount valued Xilinx at … Potential technical synergies? The $35B AMD-Xilinx Acquisition: 7 Big Things To Know. AMD shares closed more than 4% lower on Tuesday at $78.88. AMD shareholders stand to own 74% of the post-merger company, and Xilinx shareholders the other 26%. For Advanced Micro and Xilinx merger, it is still a wait and watch story. 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… (Getty Images) AMD to Acquire Xilinx in $35 Billion Deal, Followed by Marvell-Inphi Merger. AMD’s shares were the No. Michael S: 2020/10/31 08:53 AM AMD - Xilinx merger. Tweet. I need not discuss those details here. AMD did not spend a penny, this acquisition is a good deal. Ricardo B: 2020/10/31 05:46 PM AMD - Xilinx merger. Potential technical synergies? 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. This acquisition is expected to help AMD get the upper hand in the battle between Intel and themselves for the data centre chip market. Xilinx shares closed up over 8.5%. AMD had a monster Q3 … 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 … Written by Jeffrey Schwartz; October 29, 2020; The two semiconductor deals target growth from edge to cloud. 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. Intel , one of AMD's longtime rivals, ended trading down more than 2%. 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… Together, Xilinx and AMD will also operate at a significantly larger scale, which should improve margins and cash flow. Xilinx shareholders will receive 1.7234 shares of AMD for every Xilinx share they own. 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 … /r/AMD is community run and does not represent AMD in any capacity unless specified. AMD finally made their bid for Xilinx official yesterday to the confusion of the financial world. AMD To Acquire Xilinx, Inc. AMD. I imagine that some of AMD's tech strengths may cross over into future FPGA products. 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. Consolidation in the semiconductor industry continues to rise with this week’s AMD deal to acquire Xilinx for $35 billion. 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. Doug S: 2020/11/01 08:45 AM AMD - Xilinx merger. AMD gets a mega chip deal of its own, which could mean greater competition with Intel on … Mon Dec 07, 2020 7:34 pm. 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. ... AMD and Xilinx are apparently to merge. On Tuesday 27th October, Advanced Micro Devices Inc (AMD) agreed to buy Xilinx Inc in a $35 billion all-stock deal. 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