Tag Archives: xlnx

Advanced Micro Devices to Buy Xilinx in $35B All-Stock Deal

AMD

Advanced Micro Devices (Nasdaq: AMD) has agreed to acquire Xilinx (Nasdaq: XLNX) in an all-stock deal worth approximately $35B as part of AMD’s efforts to expand its data center business and portfolio of technology products. The boards of directors of the two companies unanimously cleared the transaction, which is expected to be completed by the end of calendar year 2021.

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Navy Selects 6 Companies for SHIP Microelectronics Tech Dev’t Project

The Naval Surface Warfare Center, Crane Division used its other transaction authority to award multiple contracts to six companies to develop and test digital and radiofrequency microelectronics as part of the initial phase of the State-of-the-art Heterogeneous Integration Prototype project, Naval Sea Systems Command reported Thursday.

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