AMD completes acquisition of semiconductor company Xilinx

AMD has announced the completion of their acquisition of American semiconductor manufacturing company Xilinx, as the deal has received regulatory approval. The acquisition will expand AMD’s portfolio of products in the industry, and it will also double the number of employees under AMD in India.

With the completion of the acquisition, the name of the Xilinx business will be changed to Adaptive and Embedded Computing Group (AECG), with the same CEO as before, Victor Peng. The company will continue to focus on their FPGA and Adaptive SoC and embedded product roadmaps. The acquisition will also increase AMD’s Total addressable market (TAM) from $80B to $135B.

Commenting on the acquisition, AMD CEO Lisa Su said:

The acquisition of Xilinx brings together a highly complementary set of products, customers and markets combined with differentiated IP and world-class talent to create the industry’s high-performance and adaptive computing leader. Xilinx offers industry-leading FPGAs, adaptive SoCs, AI engines and software expertise that enables AMD to offer the strongest portfolio of high-performance and adaptive computing solutions in the industry and capture a larger share of the approximately $135 billion market opportunity we see across cloud, edge and intelligent devices

Victor Peng, President of the newly formed Adaptive and Embedded Computing Group (AECG) said:

The rapid expansion of connected devices and data-intensive applications with embedded AI are driving the growing demand for highly efficient and adaptive high-performance computing solutions. Bringing AMD and Xilinx together will accelerate our ability to define this new era of computing by providing the most comprehensive portfolio of adaptive computing platforms capable of powering a wide range of intelligent applications.

Jaya Jagadish, Country Head, AMD India said:

It is a momentous occasion for AMD as we close the acquisition of Xilinx today, establishing ourselves as the industry’s high-performance and adaptive computing leader. Outside North America, Xilinx has its largest employee presence in Hyderabad, doubling AMD’s presence in India. I look forward to working with the Xilinx team to expand AMD’s product portfolio into adaptive computing solutions to accelerate an even more diverse set of emerging and evolving workloads