AMD Receives All Necessary Approvals for Acquisition of Xilinx

AMD announced that it has received approval from all necessary authorities to proceed with the acquisition of Xilinx. Except for the remaining customary closing conditions, all conditions to the transaction closing have been satisfied and the company expects the transaction to close on or about February 14, 2022.

AMD announced its intention to acquire Xilinx in an all-stock transaction on October 27, 2020. The deal is worth $35 billion. The transaction brings together two industry leaders with complementary product portfolios and customers, combining CPUs, GPUs, FPGAs, Adaptive SoCs, and deep software expertise to enable leadership computing platforms for cloud, edge, and intelligent end devices.