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July 1, 2021 03:58 am GMT
Many Thanks to DeathtoGnomes for the tip
Original Link: https://www.techpowerup.com/284012/uk-competition-regulator-greenlights-amds-xilinx-acquisition
UK Competition Regulator Greenlights AMD's Xilinx Acquisition
AMD's ambitious acquisition of Xilinx, makers of cutting-edge FPGAs, has been approved by the UK Competition and Markets Authority. This would go down as AMD's biggest tech acquisition, as the company is forking out USD $35 billion in stock. If it goes through, the AMD-Xilinix combine will see current AMD shareholders own 74% of the company, and current Xilinx shareholders with the other 26%. Both companies announced in April 2021 that their shareholders "overwhelmingly" approved of the deal. The Xilinx buyout by AMD isn't too far behind in terms of value, to NVIDIA's ambitious $40 billion bid to acquire Arm Holdings.
Original Link: https://www.techpowerup.com/284012/uk-competition-regulator-greenlights-amds-xilinx-acquisition
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