AMD Agrees to Buy Chipmaker Xilinx in $35 Billion All-Stock Deal

(Bloomberg) — Advanced Micro Devices Inc. agreed to buy Xilinx Inc. for $35 billion in stock, one of the largest chip acquisitions ever, a transaction that gives the former industry also-ran more products and a bigger research budget to challenge leader Intel Corp.Xilinx investors will get 1.7234 AMD shares for each Xilinx stock they own.

Posted: 2020-10-27 17:46:00

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