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On April 7, news broke from the Wall Street capital market that AMD and Xilinx announced that their respective shareholders have approved AMD’s $35 billion all-stock acquisition of Xilinx, which means that the two companies will further clean up the acquisition from a financial perspective. Obstacles.
The two companies hope to complete the transaction before the end of 2021, but the transaction still requires the necessary regulatory approvals.
In January of this year, the US Federal Trade Commission (FTC) and the Department of Justice's antitrust investigation into this transaction has expired, which means that the US regulators have given the green light to the acquisition.
AMD announced the acquisition of Xilinx in October last year, hoping to strengthen its own data center business.
AMD expects that after the completion of the transaction, the company's profit margin, cash flow and earnings per share will have a considerable increase.
In January of this year, the US Federal Trade Commission (FTC) and the Department of Justice's antitrust investigation into this transaction has expired, which means that the US regulators have given the green light to the acquisition.
AMD announced the acquisition of Xilinx in October last year, hoping to strengthen its own data center business.
AMD expects that after the completion of the transaction, the company's profit margin, cash flow and earnings per share will have a considerable increase.