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© Paul Sakuma AMD Business | February 01, 2022

AMD clear final hurdle in Xilinx acquisition

On January 27, 2022, AMD and Xilinx received a "green light" from China – the last regulatory approval needed to complete AMD's acquisition of Xilinx, which was originally announced back in October 2020.

The National Anti-Monopoly Policy Bureau of the State Administration for Market Regulation of the People’s Republic of China have cleared the way for the companies to merge – after which Xilinx will become a wholly owned subsidiary of AMD.

AMD and Xilinx currently anticipate that to close the merger during the first quarter of 2022, a SEC-filling from AMD reads.

It was back in late October that the companies announced that they had entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at USD 35 billion.

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April 25 2022 2:34 pm V20.5.16-1