The waiting period imposed on AMD by the US authorities before any business takeover is over: neither the FTC nor the justice department has expressed any reservations about the takeover of Xilinx by AMD.
The deal, signed last November for the tidy sum of $ 35 billion, allows AMD to get its hands on the inventor and world specialist in FPGAs (field-programmable gate array, programmable door network in situ in French), these chips whose internal components are fully (re) programmable. AMD joins here Intel, which acquired Altera in 2015 for $ 16.7 billion.
While we still have to wait for some international competition authorities and shareholders to speak out, the main barriers seem to have been lifted. Indeed, the two companies are American and given the stock market quotation and the incredible performances of AMD under the presidency of Lisa Su, confidence is in good shape among the main competitor of Intel.
Source : WCCFtech
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