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AMD has shared a press release confirming that its acquisition of Xilinx is now officially complete, a move that is expected to help the company expand its rapidly growing data center business.
According to a quote from CEO Dr. Lisa Su, AMD’s latest acquisition will effectively turn her company into the industry’s high-performance and adaptive computing leader, a transformation largely owed to Xilinx’s portfolio of important technologies that include FPGAs, adaptive SoCs, and AI engines. AMD originally announced that it would be acquiring Xilinx in October 2020 as part of an all-stock transaction valued at $35 billion.
Victor Peng, Xilinx’s CEO, will join AMD as the president of a new division called the Adaptive and Embedded Computing Group (AECG). It will be responsible for “driving leadership FPGA, Adaptive SoC, and software roadmaps.”
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