amd xilinx merger details

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. The AMD-Xilinx combination is much more reminiscent of Intel’s purchase of Altera in 2015 for approximately $16.7 billion, however. AMD - Xilinx merger. 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. Mon Dec 07, 2020 7:34 pm. 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. AMD finally made their bid for Xilinx official yesterday to the confusion of the financial world. 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. Additional Information about the Acquisition and Where to Find It. 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. AMD gets a mega chip deal of its own, which could mean greater competition with Intel on … Xilinx stock was on track to open at the highest level seen during regular-session hours since July 2019. Doug S: 2020/11/01 08:45 AM AMD - Xilinx merger. I wonder which way Blackmagic's R and D cat will jump regarding the future URSA cams. Together, Xilinx and AMD will also operate at a significantly larger scale, which should improve margins and cash flow. 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. The AMD/Xilinx merger is a really smart deal Confusion at first until the light bulb went on. Tweet. Xilinx shares closed up over 8.5%. I imagine that some of AMD's tech strengths may cross over into future FPGA products. Potential technical synergies? This acquisition is expected to help AMD get the upper hand in the battle between Intel and themselves for the data centre chip market. AMD XILINX MERGER. 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. Ricardo B: 2020/10/31 05:46 PM AMD - Xilinx merger. On Tuesday 27th October, Advanced Micro Devices Inc (AMD) agreed to buy Xilinx Inc in a $35 billion all-stock deal. 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… Competing in the semiconductor industry is often a game of chess, placing long term bets several moves ahead that culminate for a winning strategy. Currently, AMD carries a Zacks Rank #3 (Hold), while Xilinx has a Zacks Rank #4 (Sell). 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 to Acquire Xilinx in $35 Billion Deal, Followed by Marvell-Inphi Merger. He said the merger could also open up the potential for joint product development. AMD shares closed more than 4% lower on Tuesday at $78.88. Fresh Ideas To Profit From The Xilinx/AMD Merger Rumors. AMD did not spend a penny, this acquisition is a good deal. 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. For Advanced Micro and Xilinx merger, it is still a wait and watch story. Chipmaker Advanced Micro Devices Inc. on Tuesday reached an agreement to buy solutions provider Xilinx Inc. in a $35 billion all-stock deal. AMD had a monster Q3 … 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… Xilinx shareholders will receive 1.7234 shares of AMD for every Xilinx share they own. (Getty Images) 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. Just five years ago, Advanced Micro Devices’ (AMD) acquisition of Xilinx would have sent shockwaves through the distribution channel. 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. 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. Michael S: 2020/10/31 08:53 AM AMD - Xilinx merger. ... AMD and Xilinx are apparently to merge. The $35B AMD-Xilinx Acquisition: 7 Big Things To Know. 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. 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: 2020/10/30 06:02 PM AMD - Xilinx merger. SemiAccurate was a little apathetic about the merger until something clicked, then we were a lot more positive. Based on where the two stocks started the day, that amount valued Xilinx at … Written by Jeffrey Schwartz; October 29, 2020; The two semiconductor deals target growth from edge to cloud. Oct 28, 2020 by Charlie Demerjian. AMD To Acquire Xilinx, Inc. AMD. /r/AMD is community run and does not represent AMD in any capacity unless specified. AMD CEO Lisa Su. 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? I need not discuss those details here. In tandem with the announcement, AMD … AMD’s shares were the No. 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. Potential technical synergies? 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. Potential technical synergies? The merger with Xilinx expands AMD’s product line to be more of a one-stop-shop to customers, Kay said. Intel , one of AMD's longtime rivals, ended trading down more than 2%. 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