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December 30, 2021 – AMD and Xilinx, Inc. released the following statement regarding the status of global regulatory approvals for AMD’s proposed acquisition of Xilinx.
“We continue to make significant progress in obtaining the necessary regulatory approvals to close our deal. While we previously expected to receive all permits by the end of 2021, we have not yet completed this process and now expect the transaction to close in the first quarter of 2022. Our negotiations with regulators continue to be productive and we look forward to receiving all the necessary approvals. ”
There are no further changes to the previously announced terms or plans for the deal, and the companies continue to look forward to the proposed combination, creating the industry leader in high performance and adaptive computing.
About AMD:
For over 50 years, AMD has pioneered innovation in high performance computing, graphics, and visualization technologies — the building blocks for games, immersive platforms, and the data center. Hundreds of millions of consumers, leading Fortune 500 companies and leading R&D centers around the world rely on AMD technology every day to improve the way they live, work and play. AMD employees around the world are focused on creating great products that push the boundaries of what’s possible. For more information on how AMD works today and inspires tomorrow, visit the AMD website (NASDAQ: AMD), blog, Facebook and Twitter pages.
About Xilinx:
Xilinx, Inc. develops highly flexible and adaptive computing platforms that enable rapid innovation across technologies ranging from the cloud to the edge to the edge. Xilinx is the inventor of FPGAs and Adaptive SOCs (including our Adaptive Computing Acceleration Platform, or ACAP) designed to deliver the most dynamic computing technologies in the industry. We partner with our clients to create scalable, differentiated and intelligent solutions that enable an adaptive, intelligent and interconnected world of the future. For more information visit xilinx.com.