{"id":64165,"date":"2021-12-31T10:35:09","date_gmt":"2021-12-31T09:35:09","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=64165"},"modified":"2021-12-31T10:35:45","modified_gmt":"2021-12-31T09:35:45","slug":"amd-and-xilinx-provide-update-regarding-expected-timing-of-acquisition-close","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/64165-amd-and-xilinx-provide-update-regarding-expected-timing-of-acquisition-close\/","title":{"rendered":"AMD<\/span> and Xilinx Provide Update Regarding Expected Timing of Acquisition Close"},"content":{"rendered":"

SILICON<\/span> VALLEY<\/span>, Calif., Dec. 30, 2021 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>: AMD<\/span>) and Xilinx, Inc. (NASDAQ<\/span>: XLNX<\/span>) today released the fol\u00adlo\u00adwing state\u00adment rela\u00adted to the sta\u00adtus of glo\u00adbal regu\u00adla\u00adto\u00adry appr\u00adovals for AMD<\/span>\u2019s pro\u00adpo\u00adsed acqui\u00adsi\u00adti\u00adon of Xilinx.<\/p>\n

\u201c<\/span>We con\u00adti\u00adnue making good pro\u00adgress on the requi\u00adred regu\u00adla\u00adto\u00adry appr\u00adovals to clo\u00adse our tran\u00adsac\u00adtion. While we had pre\u00advious\u00adly expec\u00adted that we would secu\u00adre all appr\u00adovals by the end of 2021, we have not yet com\u00adple\u00adted the pro\u00adcess and we now expect the tran\u00adsac\u00adtion to clo\u00adse in the first quar\u00adter of 2022. Our con\u00adver\u00adsa\u00adti\u00adons with regu\u00adla\u00adtors con\u00adti\u00adnue to pro\u00adgress pro\u00adduc\u00adtively, and we expect to secu\u00adre all requi\u00adred approvals.\u201d<\/p>\n

The\u00adre are no addi\u00adtio\u00adnal chan\u00adges to the pre\u00advious\u00adly announ\u00adced terms or plans regar\u00adding the tran\u00adsac\u00adtion and the com\u00adpa\u00adnies con\u00adti\u00adnue to look for\u00adward to the pro\u00adpo\u00adsed com\u00adbi\u00adna\u00adti\u00adon crea\u00adting the industry\u2019s high-per\u00adfor\u00admance and adap\u00adti\u00adve com\u00adpu\u00adting leader.<\/p>\n

About AMD<\/span><\/strong> 
\nFor more than 50 years AMD<\/span> has dri\u00adven inno\u00adva\u00adti\u00adon in high-per\u00adfor\u00admance com\u00adpu\u00adting, gra\u00adphics and visua\u00adliza\u00adti\u00adon tech\u00adno\u00adlo\u00adgies \u2015 the buil\u00adding blocks for gam\u00ading, immersi\u00adve plat\u00adforms and the data cen\u00adter. Hundreds of mil\u00adli\u00adons of con\u00adsu\u00admers, lea\u00adding For\u00adtu\u00adne 500 busi\u00adnesses and cut\u00adting-edge sci\u00aden\u00adti\u00adfic rese\u00adarch faci\u00adli\u00adties around the world rely on AMD<\/span> tech\u00adno\u00adlo\u00adgy dai\u00adly to impro\u00adve how they live, work and play. AMD<\/span> employees around the world are focu\u00adsed on buil\u00adding gre\u00adat pro\u00adducts that push the boun\u00adda\u00adries of what is pos\u00adsi\u00adble. For more infor\u00adma\u00adti\u00adon about how AMD<\/span> is enab\u00adling today and inspi\u00adring tomor\u00adrow, visit the AMD<\/span> (NASDAQ<\/span>: AMD<\/span>) web\u00adsite<\/a>, blog<\/a>, Face\u00adbook<\/a> and Twit\u00adter<\/a> pages. <\/p>\n

About Xilinx<\/strong>
\nXilinx, Inc. deve\u00adlo\u00adps high\u00adly fle\u00adxi\u00adble and adap\u00adti\u00adve com\u00adpu\u00adting plat\u00adforms that enable rapid inno\u00adva\u00adti\u00adon across a varie\u00adty of tech\u00adno\u00adlo\u00adgies \u2014 from the cloud, to the edge, to the end\u00adpoint. Xilinx is the inven\u00adtor of the FPGA<\/span> and Adap\u00adti\u00adve SoCs (inclu\u00adding our Adap\u00adti\u00adve Com\u00adpu\u00adte Acce\u00adle\u00adra\u00adti\u00adon Plat\u00adform, or ACAP<\/span>), desi\u00adgned to deli\u00adver the most dyna\u00admic com\u00adpu\u00adting tech\u00adno\u00adlo\u00adgy in the indus\u00adtry. We col\u00adla\u00adbo\u00adra\u00adte with our cus\u00adto\u00admers to crea\u00adte sca\u00adlable, dif\u00adfe\u00adren\u00adtia\u00adted and intel\u00adli\u00adgent solu\u00adti\u00adons that enable the adap\u00adta\u00adble, intel\u00adli\u00adgent and con\u00adnec\u00adted world of the future. For more infor\u00adma\u00adti\u00adon, visit xilinx.com<\/a>.<\/p>\n

AMD<\/span> and the AMD<\/span> Arrow logo are trade\u00admarks of Advan\u00adced Micro Devices, Inc. Xilinx and the Xilinx logo are trade\u00admarks of Xilinx, Inc. Other names are for infor\u00adma\u00adtio\u00adnal pur\u00adpo\u00adses only and may be trade\u00admarks of their respec\u00adti\u00adve owners.<\/strong><\/p>\n

CAUTIONARY<\/span> STATEMENT<\/span><\/strong><\/p>\n

The state\u00adments in this press release include for\u00adward-loo\u00adking state\u00adments con\u00adcer\u00adning AMD<\/span>, Xilinx, the pro\u00adpo\u00adsed tran\u00adsac\u00adtion and other mat\u00adters. For\u00adward-loo\u00adking state\u00adments may dis\u00adcuss goals, inten\u00adti\u00adons and expec\u00adta\u00adti\u00adons as to future plans, trends, events, results of ope\u00adra\u00adti\u00adons or finan\u00adcial con\u00addi\u00adti\u00adon, or other\u00adwi\u00adse, based on cur\u00adrent beliefs and invol\u00adve num\u00ade\u00adrous risks and uncer\u00adtain\u00adties that could cau\u00adse actu\u00adal results to dif\u00adfer mate\u00adri\u00adal\u00adly from expec\u00adta\u00adti\u00adons. For\u00adward-loo\u00adking state\u00adments speak only as of the date they are made or as of the dates indi\u00adca\u00adted in the state\u00adments and should not be reli\u00aded upon as pre\u00addic\u00adtions of future events, as the\u00adre can be no assu\u00adrance that the events or cir\u00adcum\u00ads\u00adtances reflec\u00adted in the\u00adse state\u00adments will be achie\u00adved or will occur. For\u00adward-loo\u00adking state\u00adments can often, but not always, be iden\u00adti\u00adfied by the use of for\u00adward-loo\u00adking ter\u00admi\u00adno\u00adlo\u00adgy inclu\u00adding \u201cbelie\u00adves,\u201d \u201cexpects,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cseeks,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cpro for\u00adma,\u201d \u201cesti\u00adma\u00adtes,\u201d \u201canti\u00adci\u00adpa\u00adtes,\u201d \u201cdesi\u00adgned,\u201d or the nega\u00adti\u00adve of the\u00adse words and phra\u00adses, other varia\u00adti\u00adons of the\u00adse words and phra\u00adses or com\u00adpa\u00adra\u00adble ter\u00admi\u00adno\u00adlo\u00adgy. The for\u00adward-loo\u00adking state\u00adments in this press release rela\u00adte to, among other things, obtai\u00adning appli\u00adca\u00adble regu\u00adla\u00adto\u00adry appr\u00adovals, satis\u00adfy\u00ading other clo\u00adsing con\u00addi\u00adti\u00adons to the pro\u00adpo\u00adsed tran\u00adsac\u00adtion, the expec\u00adted timing of clo\u00adsing the tran\u00adsac\u00adtion, and the inte\u00adgra\u00adti\u00adon of the busi\u00adnesses and the expec\u00adted bene\u00adfits, cost savings, accre\u00adti\u00adon, syn\u00ader\u00adgies and growth to result the\u00adr\u00ade\u00adf\u00adrom. The\u00adse for\u00adward-loo\u00adking state\u00adments invol\u00adve risks and uncer\u00adtain\u00adties that could cau\u00adse actu\u00adal results to dif\u00adfer mate\u00adri\u00adal\u00adly from tho\u00adse con\u00adtem\u00adpla\u00adted by the state\u00adments. The\u00adse risks include, among other things: fail\u00adure to obtain appli\u00adca\u00adble regu\u00adla\u00adto\u00adry appr\u00adoval in a time\u00adly man\u00adner or other\u00adwi\u00adse; fail\u00adure to satis\u00adfy other clo\u00adsing con\u00addi\u00adti\u00adons to the tran\u00adsac\u00adtion or to com\u00adple\u00adte the tran\u00adsac\u00adtion on anti\u00adci\u00adpa\u00adted terms and timing; nega\u00adti\u00adve effects of the announce\u00adment of the tran\u00adsac\u00adtion; risks that the busi\u00adnesses will not be inte\u00adgra\u00adted suc\u00adcessful\u00adly or that the com\u00adbi\u00adned com\u00adpa\u00adny will not rea\u00adli\u00adze expec\u00adted bene\u00adfits, cost savings, accre\u00adti\u00adon, syn\u00ader\u00adgies and\/or growth, or that such bene\u00adfits may take lon\u00adger to rea\u00adli\u00adze than expec\u00adted; risks rela\u00adting to unan\u00adti\u00adci\u00adpa\u00adted cos\u00adts of inte\u00adgra\u00adti\u00adon; signi\u00adfi\u00adcant tran\u00adsac\u00adtion and\/or inte\u00adgra\u00adti\u00adon cos\u00adts, or dif\u00adfi\u00adcul\u00adties in con\u00adnec\u00adtion with the tran\u00adsac\u00adtion and\/or unknown or ine\u00adsti\u00adma\u00adble lia\u00adbi\u00adli\u00adties; poten\u00adti\u00adal liti\u00adga\u00adti\u00adon asso\u00adcia\u00adted with the tran\u00adsac\u00adtion; the poten\u00adti\u00adal impact of the announce\u00adment or con\u00adsum\u00adma\u00adti\u00adon of the tran\u00adsac\u00adtion on AMD<\/span>\u2019s or the com\u00adbi\u00adned company\u2019s rela\u00adti\u00adonships with sup\u00adpli\u00aders, cus\u00adto\u00admers, employ\u00aders and regu\u00adla\u00adtors; and demand for the com\u00adbi\u00adned company\u2019s pro\u00adducts. For a dis\u00adcus\u00adsion of fac\u00adtors that could cau\u00adse actu\u00adal results to dif\u00adfer mate\u00adri\u00adal\u00adly from tho\u00adse con\u00adtem\u00adpla\u00adted by for\u00adward-loo\u00adking state\u00adments, see the sec\u00adtion cap\u00adtio\u00adned \u201cRisk Fac\u00adtors\u201d in (i) AMD<\/span>\u2019s Annu\u00adal Report on Form 10\u2011K for the fis\u00adcal year ended Decem\u00adber 26, 2020, sub\u00adse\u00adquent Quar\u00adter\u00adly Reports on Form 10\u2011Q and AMD<\/span>\u2019s other filings with the SEC<\/span> and (ii) Xilinx\u2019s Annu\u00adal Report on Form 10\u2011K for the fis\u00adcal year ended April 3, 2021, sub\u00adse\u00adquent Quar\u00adter\u00adly Reports on Form 10\u2011Q and Xilinx\u2019s other filings with the SEC<\/span>. While the list of fac\u00adtors pre\u00adsen\u00adted here is con\u00adside\u00adred repre\u00adsen\u00adta\u00adti\u00adve, no such list should be con\u00adside\u00adred to be a com\u00adple\u00adte state\u00adment of all poten\u00adti\u00adal risks and uncer\u00adtain\u00adties. Unlis\u00adted fac\u00adtors may pre\u00adsent signi\u00adfi\u00adcant addi\u00adtio\u00adnal obs\u00adta\u00adcles to the rea\u00adliza\u00adti\u00adon of for\u00adward loo\u00adking state\u00adments. Many of the\u00adse risks and uncer\u00adtain\u00adties may be exa\u00adcer\u00adba\u00adted by the COVID-19<\/span> pan\u00adde\u00admic and any wor\u00adsening of the glo\u00adbal busi\u00adness and eco\u00adno\u00admic envi\u00adron\u00adment as a result. Neither AMD<\/span> nor Xilinx assu\u00admes, and each her\u00adeby dis\u00adclaims, any obli\u00adga\u00adti\u00adon to update for\u00adward-loo\u00adking state\u00adments, except as may be requi\u00adred by law.<\/p>\n","protected":false},"excerpt":{"rendered":"

SILICON<\/span> VALLEY<\/span>, Calif., Dec. 30, 2021 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>: AMD<\/span>) and Xilinx, Inc. (NASDAQ<\/span>: XLNX<\/span>) today released the fol\u00adlo\u00adwing state\u00adment rela\u00adted to the sta\u00adtus of glo\u00adbal regu\u00adla\u00adto\u00adry appr\u00adovals for AMD<\/span>\u2019s pro\u00adpo\u00adsed acqui\u00adsi\u00adti\u00adon of Xilinx.<\/p>\n

\u201c<\/span>We con\u00adti\u00adnue making good pro\u00adgress on the requi\u00adred regu\u00adla\u00adto\u00adry appr\u00adovals to clo\u00adse our tran\u00adsac\u00adtion. While we had pre\u00advious\u00adly expec\u00adted that we would secu\u00adre all appr\u00adovals by the end of 2021, we have not yet com\u00adple\u00adted the pro\u00adcess and we now expect the tran\u00adsac\u00adtion to clo\u00adse in the first quar\u00adter of 2022. Our con\u00adver\u00adsa\u00adti\u00adons with regu\u00adla\u00adtors con\u00adti\u00adnue to pro\u00adgress pro\u00adduc\u00adtively, and we expect to secu\u00adre all requi\u00adred appr\u00adovals.\u201d (\u2026) Wei\u00adter\u00adle\u00adsen \u00bb<\/a><\/p>\n","protected":false},"author":593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[966,2666,1583],"class_list":["post-64165","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","tag-amd","tag-merger","tag-xilinx","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/64165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/593"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=64165"}],"version-history":[{"count":1,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/64165\/revisions"}],"predecessor-version":[{"id":64166,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/64165\/revisions\/64166"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=64165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=64165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=64165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}