AMD in all stock acquisitions of Zilinex’s B 35 billion stock


After a few weeks of rumors, as well as a few years of hearing, AMD FPGA has gone on the first leg for the full acquisition of the manufacturer Zilinks. The deal involves an all-stock transaction that would take advantage of an AMD-sized share price to enable the equivalent of લી 143 per Xilinks share – current AMD stockholders still own 74% of the joint venture, while Xilinks stockholders own 26%. . The combined 5 135 billion entities will expand the market with a total address of 13000 engineers, and AMD to a total of 110 110 billion. It is believed that the main reasons for the acquisition are Zeilinx’s adaptive computing solutions for the data center market.

AMD CEO Dr. Lisa Sue

“Our acquisition of Zilinks marks the next step in our journey of founding AMD as the industry’s high-performance computing leader and choice partner for the world’s largest and most important technology companies. This is a truly compelling combination that will create significant value for all stakeholders, including AMD and Xilinks shareholders who will benefit from the joint company’s future growth and side-linking potential. The Xilinks team is one of the strongest in the industry and we are thrilled to welcome them into the AMD family. By combining our world-class engineering teams and andnda domain expertise, we will build an industry leader with a vision, talent and scale to determine the future of high performance computing. “

Victor Peng, CEO of Xilinks

“We are excited to join the AMD family. Our shared cultures of innovation, excellence and collaboration make this an ideal combination. Together, we will usher in a new era of high performance and adaptive computing. Our leading FPGA, Adaptive SCS, Accelerator and SmartNIC solutions enable innovation in the cloud, edge and end devices. We empower our customers to deploy specialized platforms in the fast market, and with the best efficiency and performance. Joining AMD will accelerate growth in our data center business and enable us to advance a wider customer base in more markets. ”

Details

As part of the acquisition, Victor Peng will join AMD as president responsible for the Xilinks business, and at least two Xilinks directors will join the AMD board of directors after the closure.

As part of the acquisition’s capacity, AMD leverages its market capitalization to 100 100 billion, and many industries will build પી 16.7 billion in December 2015 in parallel with FPGA-maker Ultra’s acquisition of Intel. High-performance FPGA markets, as well as SmartNIC, adaptive SOCs and other controllable logic, live more naturally in data center markets than other markets. With AMD’s recent growth in enterprise space with its Zen-based EPYC processor lines, a natural evolution that could lead to a conclusion would synchronize high-performance calculations with acceptable logic under one roof, a definite conclusion that even Intel many years ago they came. . AMD reported last quarter that it has broken more than 10% market share in the enterprise with its EPYC product lines, and today’s earnings call is also expected to grow. AMD is already reporting 56% revenue for the company-wide year-over-year, with + 116% in the enterprise, embedded and semi-custom markets.

According to the press release, AMD expects to save સ્ટ 300 million in synergistic operational efficiency within 18 months of the shutdown, due to streamlining of the sharing infrastructure. The deal has been unanimously approved by both sets of directors, and is subject to the approval of both sets of shareholders. The transaction calendar is expected to close by the end of the year 2021.

Shares of AMD are currently down 5% before the market opened. A conference call will be held at 8 a.m. to discuss AMD’s third quarter financial results and acquisition plans.

Portfolio

AMD’s key product lines include its Zen-based processor lines such as Raizen and EPYC, its graphics division for Radion and Radion Instinct, and its semi-custom and embedded division that has been the latest generation of console processors for both Sony and Micros.

Xilinks recently entered the market with its Versailles Alvoyo Adaptive SOC, a combination program built in addition to sound logic as well as tough computer logic and specialized co-processors and accelerators. Its FPGA families include Spartan, Zinc, Artic, Kintex, Vertex and Vertex Ultrascale, which are used in a variety of commercial, embedded and enterprise markets, including hardware used to design future processors.

Source: Press Release