AMD said it has cleared the latest regulatory hurdle to buy FPGA manufacturer Xilinx. The company expects to close the $53 billion deal on February 14.

The latest step in the acquisition was a mandatory waiting period under the Hart-Scott-Rodino Act (HSR), which gives US regulators time to review the deal and take additional action. This period ended on February 9 without any action from the US, meaning that local regulators will not block the deal. In January, the Chinese regulator approved the deal, but put forward a number of conditions for AMD.

AMD's acquisition of Xilinx, which took 16 months to prepare, was the Texas company's largest acquisition ever. At the time of its announcement, the deal was valued at $35 billion, offering 1.7234 AMD shares for each Xilinx share. Since then, AMD's share price has risen nearly 51% to $125 a share, bringing the final deal price closer to $53 billion, nearly a third of the acquirer's total market capitalization. Once the deal is closed, Xilinx shareholders will receive a 26% stake in AMD.

Currently, AMD is focusing on increasing its market share in traditional products such as CPUs and GPUs, as well as expanding into new markets. In particular, the company intends to expand its presence in the data center market.

Given AMD's recent growth in the enterprise segment with its Zen-based EPYC line of processors, the company now needs to combine HPC with programmable logic devices: high-performance FPGAs, SmartNICs, adaptive SoCs.

bbabo.Net