Is AMD going to buy Xilinx?

Advanced Micro is expected to close its $35 billion purchase of Xilinx (XLNX), a rival chip maker, later this year. When AMD does complete the deal, Cordisco expects AMD to generate about $35 billion of sales by 2024.

What is the deal between AMD and Xilinx?

AMD is offering 1.7234 of its shares for each Xilinx share in the all-stock deal. AMD is aiming to close the deal — initially valued at $35 billion– by the end of 2021. AMD has surged recently after strong results for its June quarter reported in late July as well as bullish buzz on Reddit message boards.

Why does AMD need Xilinx?

The AMD/Xilinx merger provides a way for AMD to access new end-markets in Automotive and Industrial. Xilinx’s data center business is complementary to AMD’s server capabilities and will allow AMD to leverage its EPYC processor technology.

What does Xilinx mean for AMD?

Who is Xilinx? While AMD is focused on microprocessor production, Xilinx is a specialist producer of FPGA (field-programmable gate arrays), which are particularly useful for telecommunications applications, and the development of 5G across the world has opened up significant growth in this sector.

What companies use Xilinx?

Companies Currently Using Xilinx Vivado

Company Name	Website	Phone
Lockheed Martin	lockheedmartin.com	(301) 897-6000
Raytheon	prattwhitney.com	(800) 565-0140
Harris Corporation	l3harris.com	(972) 772-7501
BAE Systems	baesystems.com	–

What does the company Xilinx do?

Xilinx, Inc. engages in the design and development of programmable logic semiconductor devices and the related software design tools. It also provides design services, customer training, field engineering, and technical support. The company was founded by Ross Freeman, Bernard Vonderschmitt, and James V.

What does Xilinx stand for?

According to Bill Carter, a fellow at Xilinx, the choice of the name Xilinx refers to the chemical symbol for silicon Si. The ‘X’s at each end represent programmable logic blocks. The “linx” represents programmable links that connect the logic blocks together.

Does Xilinx manufacture its own chips?

AMD to acquire custom chip manufacturer Xilinx in deal worth $35bn. Hey big spender! AMD will soon acquire Xilinx, a chip manufacturer that specialises in custom chips, such as FPGAs (field programmable gate arrays) and SoCs (system-on-chips).

What does Xilinx specialize in?

programmable logic semiconductor devices
Xilinx, Inc. engages in the design and development of programmable logic semiconductor devices and the related software design tools. It also provides design services, customer training, field engineering, and technical support. The company was founded by Ross Freeman, Bernard Vonderschmitt, and James V.

What are Xilinx chips used for?

The Xilinx-based Edgeboard can be used to develop products like smart-video security surveillance solutions, advanced-driver-assistance systems, and next-generation robots. In February 2019, the company announced two new generations of its Zynq UltraScale+ RF system on chip (RFSoC) portfolio.

Who manufactures Xilinx chips?

AMD
On October 27, 2020, American chip making company AMD reached an agreement to acquire Xilinx in a stock-swap deal, valuing the company at $35 billion. The deal is expected to close by the end of 2021.