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.