AMD completed the acquisition of Xilinx. The acquisition is officially the largest in semiconductor history and brings together two industry leaders with complementary product portfolios, customers and market expertise.
The Xilinx business will become the Adaptive and Embedded Computing Group (AECG), led by former Xilinx CEO Victor Peng. AECG will remain focused on driving leadership FPGA and Adaptive SoC and embedded product roadmaps for its core markets, now with the additional scale of the combined company and the ability to offer an expanded set of solutions, including AMD CPUs and GPUs.
The acquisition provides multiple benefits, including:
o Xilinx’s deep strategic partnerships across wired and wireless communications, automotive, industrial and test, aerospace and defense, broadcast, measurement and emulation, and consumer markets complement AMD partnerships in the PC and data center markets.
o Brings additional capabilities in advanced technology development, including leadership die stacking and packaging technology, chiplet and interconnect technology, AI and domain-specific architectures and best-of-breed software platforms.
o Provides multiple diverse revenue streams across new end markets with long, high-margin product cycles while maintaining AMD’s industry-leading growth.
o The transaction is expected to be accretive to non-GAAP gross and operating margins, non-GAAP EPS and free cash flow generation in the first year.