Approval For AMD's $35 Billion Xilinx Acquisition Slips To 2022

AMD's $35 billion acquisition of Xilinx is now expected to close in the first quarter of 2022, which is a few months after AMD and Xilinix's originally proposed closing of the deal before the end of 2021. Tom's Hardware reports: AMD has cleared regulatory hurdles in all but China. News filtered out earlier this month that AMD has filed certain undefined 'behavioral remedies' to appease Chinese regulators, and mid-month found news that China's antitrust agency, the State Administration for Market Regulation (SAMR), was still market-testing AMD's proposed remedies.

Here's AMD's statement on the matter: "We continue making good progress on the required regulatory approvals to close our transaction. While we had previously expected that we would secure all approvals by the end of 2021, we have not yet completed the process and we now expect the transaction to close in the first quarter of 2022. Our conversations with regulators continue to progress productively, and we expect to secure all required approvals. There are no additional changes to the previously announced terms or plans regarding the transaction and the companies continue to look forward to the proposed combination creating the industry's high-performance and adaptive computing leader."

amd and xilinx are an odd coupleâ¦

[dunqstooze]

would make more sense if xilinx merged with another player in the embedded space like texas instruments. TI and xilinx would have been an unbeatable embedded processors goliath.

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[Anonymous Coward]

Intel bought Altera, so AMD has to buy Xilinx. For the right application (often a very lucrative market space), FPGAs can be a better choice than general purpose CPUs.

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[AmiMoJo]

Yeah, I don't think there would be much to gain by merging Xilinx with Texas. Xilinx already has parts with ARM cores. The only thing I can really think of Texas bringing to the table is their wireless products.