AMD Completes Acquisition of Xilinx

[btarunr]

AMD (NASDAQ: AMD) today announced the completion of its acquisition of Xilinx in an all-stock transaction. The acquisition, originally announced on October 27, 2020, creates the industry's high-performance and adaptive computing leader with significantly expanded scale and the strongest portfolio of leadership computing, graphics and adaptive SoC products. AMD expects the acquisition to be accretive to non-GAAP margins, non-GAAP EPS and free cash flow generation in the first year.

"The acquisition of Xilinx brings together a highly complementary set of products, customers and markets combined with differentiated IP and world-class talent to create the industry's high-performance and adaptive computing leader," said AMD President and CEO Dr. Lisa Su. "Xilinx offers industry-leading FPGAs, adaptive SoCs, AI engines and software expertise that enable AMD to offer the strongest portfolio of high-performance and adaptive computing solutions in the industry and capture a larger share of the approximately $135 billion market opportunity we see across cloud, edge and intelligent devices."



Former Xilinx CEO Victor Peng will join AMD as president of the newly formed Adaptive and Embedded Computing Group (AECG). AECG remains focused on driving leadership FPGA, Adaptive SoC and software roadmaps, now with the additional scale of the combined company and the ability to offer an expanded set of solutions including AMD CPUs and GPUs.

"The rapid expansion of connected devices and data-intensive applications with embedded AI are driving the growing demand for highly efficient and adaptive high-performance computing solutions," said Victor Peng. "Bringing AMD and Xilinx together will accelerate our ability to define this new era of computing by providing the most comprehensive portfolio of adaptive computing platforms capable of powering a wide range of intelligent applications."

Upon close, Xilinx stockholders received 1.7234 shares of AMD common stock and cash in lieu of any fractional shares of AMD common stock for each share of Xilinx common stock. Xilinx common stock will no longer be listed for trading on the NASDAQ stock market.

The Investor Presentation follows.


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[Kapone33]

I am wondering when they will bring technology from XIlink to the consumer space?

 

[Daven]

This merger turns AMD into one of the ‘big’ guys that everyone must pay attention. The days of exclusive Intel and Nvidia customers/markets are numbered.

 

[TheLostSwede]

I am wondering when they will bring technology from XIlink to the consumer space?

What exactly do you have in mind? FPGA's are still pretty pricey, but it could be handy for at least parts of their secure processor, since they could potentially fix hardware related issues to it in the future, if flaws in it are found.

 

[Spencer LeBlanc]

What exactly do you have in mind? FPGA's are still pretty pricey, but it could be handy for at least parts of their secure processor, since they could potentially fix hardware related issues to it in the future, if flaws in it are found.

Maybe, they could give us MOBO's with their own 10GB NIC solution.

 

[Xajel]

What exactly do you have in mind? FPGA's are still pretty pricey, but it could be handy for at least parts of their secure processor, since they could potentially fix hardware related issues to it in the future, if flaws in it are found.

I can see Threadripper CPUs with a FPGA chiplet, the user can program it for different kinds of acceleration depending on his needs, maybe AI, ML, FP.

The same goes for GPUs. And when FPGA starts to go lower in price, we could see it in the GPUs as well, Game engines can program it on the fly to accelerate things the game requires most and heavy. Professional apps can also program it to accelerate certain things like RT (for rendering applications), ML, AI, Media transcoding, etc..

Who knows, maybe in 10years, FPGA could be a crucial part of every PC. Like how the FP co-processor started.

 

[TheLostSwede]

Maybe, they could give us MOBO's with their own 10GB NIC solution.

Xilinx only makes server grade stuff though, so unlike that will trickle down.

I can see Threadripper CPUs with a FPGA chiplet, the user can program it for different kinds of acceleration depending on his needs, maybe AI, ML, FP.

The same goes for GPUs. And when FPGA starts to go lower in price, we could see it in the GPUs as well, Game engines can program it on the fly to accelerate things the game requires most and heavy. Professional apps can also program it to accelerate certain things like RT (for rendering applications), ML, AI, Media transcoding, etc..

Who knows, maybe in 10years, FPGA could be a crucial part of every PC. Like how the FP co-processor started.

Yeah, for sure, but below that level, I don't think we'll see too much for now, at least not that is user accessible.
Consumer stuff is going to take much longer than server and workstation stuff.

 

[Kapone33]

What exactly do you have in mind? FPGA's are still pretty pricey, but it could be handy for at least parts of their secure processor, since they could potentially fix hardware related issues to it in the future, if flaws in it are found.

I was talking about the Images that illustrated Gaming and CPU and wondering how long it would be before the Consumer space sees the benefit. Like could this rival Ray tracing in the GPU space in conjunction with FSR (and other AMD software)?

 

[TheLostSwede]

I was talking about the Images that illustrated Gaming and CPU and wondering how long it would be before the Consumer space sees the benefit. Like could this rival Ray tracing in the GPU space in conjunction with FSR (and other AMD software)?

No, why would it? It's programmable logic, i.e. it can be changed to do something new in the future. It has its uses, but nothing to do with either of those.