News
AMD acquisition of Xilinx has been unconditionally approved by the European Union
- Author:ROGER
- Release on:2021-07-06
Local time on June 29th,AMDRelease announcement stated that $ 35 billion acquisitionSailiveThe plan has been obtained unconditional approval from EU regulators.
After the completion of the acquisition, the current CEO and president of Xilinx will join the AMD as president, responsible for the business and strategic development planning, AMD, said that the review of various regulators will be completed at the end of this year. This will become the largest technology acquisition of AMD, worth $ 35 billion.
The European Commission said that no problems were found after the initial review: "In view of the landscape overlapping and longitudinal relationship between the two companies, the proposed transaction will not trigger a competition in the European Economic Zone."
AMD is the world's leading microprocessor manufacturer,CPU,GPU, Motherboard chipset and other products coveragecomputer, Communications and consumer electronics and other areas. Sailive is the world's largest programmable chip (FPGAVendor, its research and development of FPGA chip, software design tools, etc. also covers artificial intelligence, data center andAutopilotEquisical fields.
In October 2020, AMD announced that it will acquire a semiconductor company in the United States. After the completion of the acquisition, the AMD shareholder will have a shareholding of 74%, and the Xilinsen shareholders have another 26% equity.
January this year, the US Federal Trade Commission (FTC) and the US Department of Justice (Department of JusTiCE) Survey whether AMD M & A has a period of violations of anti-monopoly regulations. However, to complete the acquisition, it has passed the approval of the China Regulatory Department in the final stage.
After the completion of the acquisition, the current CEO and president of Xilinx will join the AMD as president, responsible for the business and strategic development planning, AMD, said that the review of various regulators will be completed at the end of this year. This will become the largest technology acquisition of AMD, worth $ 35 billion.
The European Commission said that no problems were found after the initial review: "In view of the landscape overlapping and longitudinal relationship between the two companies, the proposed transaction will not trigger a competition in the European Economic Zone."
AMD is the world's leading microprocessor manufacturer,CPU,GPU, Motherboard chipset and other products coveragecomputer, Communications and consumer electronics and other areas. Sailive is the world's largest programmable chip (FPGAVendor, its research and development of FPGA chip, software design tools, etc. also covers artificial intelligence, data center andAutopilotEquisical fields.
In October 2020, AMD announced that it will acquire a semiconductor company in the United States. After the completion of the acquisition, the AMD shareholder will have a shareholding of 74%, and the Xilinsen shareholders have another 26% equity.
January this year, the US Federal Trade Commission (FTC) and the US Department of Justice (Department of JusTiCE) Survey whether AMD M & A has a period of violations of anti-monopoly regulations. However, to complete the acquisition, it has passed the approval of the China Regulatory Department in the final stage.