Product Attributes

Farewell! Xilinx, the world’s number-one FPGA brand, will fade away from the industry

On February 14, 2022, as the world celebrated Valentine’s Day, AMD (NASDAQ: AMD) announced the completion of its acquisition of Xilinx in an all-stock transaction. This is a very good deal, as AMD has bought Xilinx, the world’s number one FPGA vendor, without spending a penny in cash, compared to Intel’s $16.7 billion acquisition of Altera in 2015. After this acquisition, Ceres’ 67% gross margin will bring AMD a lot of cash and also help AMD to attack the data center field and eat into Intel’s territory.

Following the acquisition, Victor Peng, formerly President and CEO of Xilinx, became President of AMD’s Adaptive and Embedded Computing Group (AECG), which claims to remain focused on driving a leading FPGA, adaptive SoC, and software roadmap. With the new division, the company will be further expanded and able to offer an expanded range of solutions including AMD CPUs and GPUs.

The combination of AMD and Ceres will provide a very comprehensive portfolio of adaptive computing platforms to power a wide range of intelligent applications, accelerating our ability to define a new era of computing,” said Victor Peng. capabilities of a new era of computing.”

But Victor Peng is not on AMD’s Board of Directors. AMD also reshuffled its Board of Directors yesterday, with AMD announcing the results of its latest Board of Directors election, with President and CEO Zifeng Su as the new Chairman of the Board (Chairman of the Board), no doubt with Su’s mother being the big winner. John E. Caldwell, on the other hand, will be the Chief Independent Actuator on AMD’s Board of Directors, having joined in 2006 AMD’s Board of Directors and has served as Chairman since May 2016. Two of Ceres’ board members, Jon Olson and Elizabeth Vanderslice, will also join AMD’s board.

The acquisition of Ceres brings together a highly complementary set of products, customers, and markets, along with differentiated IP and world-class talent, to establish us as the industry leader in high-performance and adaptive computing,” said Dr. Lisa Su, President, and CEO of AMD. Ceres’ leading FPGAs, adaptive SoCs, artificial intelligence engines, and software expertise will empower AMD to deliver a superb portfolio of high-performance and adaptive computing solutions and help us capture a greater share of the foreseeable approximately $135 billion cloud, edge computing, and smart device market opportunity.” She said the industry will see the first AMD processors with Xilinx AI IP in 2023.

Upon completion of the acquisition, Xilinx shareholders will receive 1.7234 shares of AMD common stock in exchange for each share of Xilinx common stock. Xilinx common stock will no longer be traded on the Nasdaq Stock Market.

Following the acquisition, the Ceres logo will change to the following.