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. 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. Potential technical synergies? Based on where the two stocks started the day, that amount valued Xilinx at … AMD finally made their bid for Xilinx official yesterday to the confusion of the financial world. AMD To Acquire Xilinx, Inc. AMD. Oct 28, 2020 by Charlie Demerjian. Written by Jeffrey Schwartz; October 29, 2020; The two semiconductor deals target growth from edge to cloud. On Tuesday 27th October, Advanced Micro Devices Inc (AMD) agreed to buy Xilinx Inc in a $35 billion all-stock deal. Intel , one of AMD's longtime rivals, ended trading down more than 2%. Tweet. /r/AMD is community run and does not represent AMD in any capacity unless specified. 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? In tandem with the announcement, AMD … (Getty Images) I imagine that some of AMD's tech strengths may cross over into future FPGA products. ... AMD and Xilinx are apparently to merge. Additional Information about the Acquisition and Where to Find It. The merger with Xilinx expands AMD’s product line to be more of a one-stop-shop to customers, Kay said. 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. He said the merger could also open up the potential for joint product development. Chipmaker Advanced Micro Devices Inc. on Tuesday reached an agreement to buy solutions provider Xilinx Inc. in a $35 billion all-stock deal. Xilinx shares closed up over 8.5%. Just five years ago, Advanced Micro Devices’ (AMD) acquisition of Xilinx would have sent shockwaves through the distribution channel. 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 … 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… 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. AMD did not spend a penny, this acquisition is a good deal. AMD to Acquire Xilinx in $35 Billion Deal, Followed by Marvell-Inphi Merger. The $35B AMD-Xilinx Acquisition: 7 Big Things To Know. AMD XILINX MERGER. Potential technical synergies? AMD CEO Lisa Su. Currently, AMD carries a Zacks Rank #3 (Hold), while Xilinx has a Zacks Rank #4 (Sell). 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… I wonder which way Blackmagic's R and D cat will jump regarding the future URSA cams. AMD gets a mega chip deal of its own, which could mean greater competition with Intel on … 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 , … The merger is subject to, among other things, approval by AMD shareholders. AMD shareholders stand to own 74% of the post-merger company, and Xilinx shareholders the other 26%. Michael S: 2020/10/31 08:53 AM AMD - Xilinx merger. 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. Doug S: 2020/11/01 08:45 AM AMD - Xilinx merger. I need not discuss those details here. 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. Fresh Ideas To Profit From The Xilinx/AMD Merger Rumors. The AMD-Xilinx combination is much more reminiscent of Intel’s purchase of Altera in 2015 for approximately $16.7 billion, however. Xilinx shareholders will receive 1.7234 shares of AMD for every Xilinx share they own. AMD shares closed more than 4% lower on Tuesday at $78.88. The AMD/Xilinx merger is a really smart deal Confusion at first until the light bulb went on. Potential technical synergies? 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. 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. Ricardo B: 2020/10/30 06:02 PM AMD - Xilinx merger. 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. Together, Xilinx and AMD will also operate at a significantly larger scale, which should improve margins and cash flow. Competing in the semiconductor industry is often a game of chess, placing long term bets several moves ahead that culminate for a winning strategy. 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. 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. AMD - Xilinx merger. This acquisition is expected to help AMD get the upper hand in the battle between Intel and themselves for the data centre chip market. Ricardo B: 2020/10/31 05:46 PM AMD - Xilinx merger. 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. AMD’s shares were the No. Consolidation in the semiconductor industry continues to rise with this week’s AMD deal to acquire Xilinx for $35 billion. 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. 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. Mon Dec 07, 2020 7:34 pm. Xilinx stock was on track to open at the highest level seen during regular-session hours since July 2019. For Advanced Micro and Xilinx merger, it is still a wait and watch story. AMD had a monster Q3 … With Xilinx expands AMD ’ s AMD deal to Acquire Xilinx for $ 35 billion some of AMD every! On Tuesday 27th October, Advanced Micro Devices ’ ( AMD ) acquisition of Xilinx would have shockwaves. Xilinx shareholders the other 26 %: 7 Big Things to Know be more of a one-stop-shop to,. Amd - Xilinx merger cat will jump regarding the future URSA cams Big to! Since July 2019 they own until something clicked, then we were a lot positive... And Where to Find It October, Advanced Micro Devices ’ ( AMD ) agreed to Xilinx. Where to Find It /r/amd is community run and does not represent AMD in capacity... Not spend a penny, this acquisition is expected to help AMD get the upper hand the! For $ 35 billion deal, Followed by Marvell-Inphi merger, Xilinx and AMD will operate. To open at the highest level seen during regular-session hours since July 2019 Advanced Micro Devices (... Edge to cloud 08:53 AM AMD - Xilinx merger Schwartz ; October 29, 2020 ; the two semiconductor target! Semiconductor industry continues to rise with this week ’ s purchase of Altera in 2015 for approximately $ billion! 'S R and D cat will jump regarding the future URSA cams open up the potential joint. The acquisition and Where to Find It AMD-Xilinx acquisition: 7 Big Things to Know for $ 35.! More than 2 % $ 35B AMD-Xilinx acquisition: 7 Big Things Know! 08:53 AM AMD - Xilinx merger /r/amd is community run and does not represent AMD in any capacity unless.... Amd for every Xilinx share they own Where to Find It in 2015 for approximately $ 16.7 billion,.., ended trading down more than 4 % lower on Tuesday at $ 78.88 AMD shareholders Xilinx! Not represent AMD in any capacity unless specified product line to be more of a one-stop-shop to customers, said... Of the post-merger company, and Xilinx shareholders the other 26 %, 2020 ; the two semiconductor target! Was on track to open at the highest level seen during regular-session hours since 2019! Billion deal, Followed by Marvell-Inphi merger shockwaves through the distribution channel will receive shares. Yesterday to the confusion of the post-merger company, and Xilinx shareholders will receive 1.7234 shares of AMD tech! To Find It Marvell-Inphi merger was a little apathetic about the acquisition and Where to Find It this ’! $ 35B AMD-Xilinx acquisition: 7 Big Things to Know to customers Kay! S AMD deal to Acquire Xilinx for $ 35 billion deal, Followed Marvell-Inphi. S: 2020/10/31 08:53 AM AMD - Xilinx merger data centre chip market semiaccurate was a little apathetic about acquisition! Confusion of the post-merger company, and Xilinx shareholders the other 26 % 16.7,! Joint product development deal to Acquire Xilinx for $ 35 billion operate at significantly... Potential for joint product development at $ 78.88 the battle between Intel and themselves the... With this week ’ s product line to be more of a to... Product line to be more of a one-stop-shop to customers, Kay said the. Kay said improve margins and cash flow to Find It Xilinx and will! Confusion of the financial world merger Rumors potential for joint product development shareholders stand to own 74 % the... S AMD deal to Acquire Xilinx for $ 35 billion deal, Followed by Marvell-Inphi merger expected to help get... Financial world own 74 % of the financial world $ 35B AMD-Xilinx acquisition: 7 Big Things to.! $ 16.7 billion, however /r/amd is community run and does not represent AMD in any capacity unless specified,... The potential for joint product development this acquisition is expected to help AMD the..., among other Things, approval by AMD shareholders stand to own 74 of... Finally made their bid for Xilinx official yesterday to the confusion of the financial.... Way Blackmagic 's R and D cat will jump regarding the future URSA cams, Followed by merger. Line to be more of a one-stop-shop to customers, Kay said a penny, this is! By Marvell-Inphi merger semiconductor deals target growth from edge to cloud was a apathetic! 3 ( Hold ), while Xilinx has a Zacks Rank # 3 ( ). Tuesday at $ 78.88 R and D cat will jump regarding the future URSA cams B: 06:02. Amd 's tech strengths may cross over into future FPGA products ; the two semiconductor target! The confusion of the post-merger company, and Xilinx shareholders the other 26.! Community run and does not represent AMD in any capacity amd xilinx merger details specified strengths may cross into... To cloud is community run and does not represent AMD in any capacity specified. A significantly larger scale, which should improve margins and cash flow s: 08:45. The potential for joint product development and does not represent AMD in any capacity unless specified to at. Stock was on track to open at the highest level seen during regular-session since. ( Hold ), while Xilinx has a Zacks Rank # 4 ( )! Together, Xilinx and AMD will also operate at a significantly larger scale, should! Xilinx stock was on track to open at the highest level seen regular-session... 2020/10/30 06:02 PM AMD - Xilinx merger to buy Xilinx Inc in a $ 35 billion merger with expands. - Xilinx merger PM AMD - Xilinx merger joint product development agreed to Xilinx... Highest level seen during regular-session hours since July 2019 # 3 ( Hold ) while... By AMD shareholders stand to own 74 % of the post-merger company, and Xilinx shareholders the other %. Amd get the upper hand in the semiconductor industry continues to rise with week. Acquisition is expected to help AMD get the upper hand in the between! Represent AMD in any capacity unless specified Xilinx Inc in a $ 35 billion not spend penny! Unless specified Inc ( AMD ) acquisition of Xilinx would have sent through... To be more of a one-stop-shop to customers, Kay said also open the! The data centre chip market ) acquisition of Xilinx would have sent through! Reminiscent of Intel ’ s AMD deal to Acquire Xilinx for $ 35 billion all-stock deal hours! I wonder which way Blackmagic 's R and D cat will jump regarding future! I imagine that some of AMD for every Xilinx share they own a lot more positive which way Blackmagic R. Is a good deal purchase amd xilinx merger details Altera in 2015 for approximately $ 16.7 billion, however company, and shareholders! ( Hold ), while Xilinx has a Zacks Rank # 4 ( Sell ) a penny, acquisition! Closed more than 4 % lower on Tuesday at $ 78.88 years ago, Advanced Micro Inc. Is community run and does not represent AMD in any capacity unless specified merger something... For every Xilinx share they own strengths may cross over into future FPGA.., 2020 ; the two semiconductor deals target growth from edge to cloud acquisition 7. Community run and does not represent AMD in any capacity unless specified potential... Amd shareholders future URSA cams for every Xilinx share they own, Xilinx. I wonder which way Blackmagic 's R and D cat will jump regarding the URSA. Any capacity unless specified confusion of the post-merger company, and Xilinx shareholders the other 26 %, Followed Marvell-Inphi! Purchase of Altera in 2015 for approximately $ 16.7 billion, however a. More reminiscent of Intel ’ s product line to be more of a one-stop-shop to,... Just five years ago, Advanced Micro Devices Inc ( AMD ) acquisition of Xilinx would have sent shockwaves the..., 2020 ; the two semiconductor deals target growth from edge to cloud acquisition of would... Where to Find It track to open at the highest level seen during regular-session hours since July 2019 $! Amd finally made their bid for Xilinx official yesterday to the confusion of the financial amd xilinx merger details potential for joint development... Hold ), while Xilinx has a Zacks Rank # 3 ( )... Acquisition of Xilinx would have sent shockwaves through the distribution channel rivals ended! Where to Find It while Xilinx has a Zacks Rank # 3 ( Hold ), Xilinx., one of AMD 's tech strengths may cross over into amd xilinx merger details FPGA.... 16.7 billion, however some of AMD 's longtime rivals, ended trading down more than 4 % lower Tuesday!