Farewell Xilinx as AMD deal completes

Farewell Xilinx as AMD deal completes

Business news |
By Nick Flaherty

AMD has completed the acquisition of FPGA pioneer Xilinx, which now forms the heart of a new division called the Adaptive and Embedded Computing Group (AECG).

The new group will be headed by former Xilinx CEO Victor Peng with a focus on driving the FPGA, Adaptive SoC and software roadmaps. The group will also be able to offer AMD’s CPUs and GPUs, particularly for data centre designs with FPGA accelerators.

“The acquisition of Xilinx brings together a highly complementary set of products, customers and markets combined with differentiated IP and world-class talent to create the industry’s high-performance and adaptive computing leader,” said AMD President and CEO Dr. Lisa Su. “Xilinx offers industry-leading FPGAs, adaptive SoCs, AI engines and software expertise that enable AMD to offer the strongest portfolio of high-performance and adaptive computing solutions in the industry and capture a larger share of the approximately $135 billion market opportunity we see across cloud, edge and intelligent devices (above).”

“The rapid expansion of connected devices and data-intensive applications with embedded AI are driving the growing demand for highly efficient and adaptive high-performance computing solutions,” said Victor Peng. “Bringing AMD and Xilinx together will accelerate our ability to define this new era of computing by providing the most comprehensive portfolio of adaptive computing platforms capable of powering a wide range of intelligent applications.”

The all-stock deal was originally announced on October 27 2020 and faced multiple regulatory hurdles, particularly in China and sees Xilinx shares de-listed from the NASDAQ stock market. AMD says it expects the new group to add to its free cash flow generation in the first year.

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