Two years ago, AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) announced they had entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at $35 billion. The acquisition was completed on February 14, 2022, creating 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.
Today, AMD announced that Xilinx will be renamed as AMD Embedded, reflecting its focus on providing high-performance and adaptive computing solutions for embedded applications across a wide range of markets, including cloud, edge, intelligent devices, 5G communications, automotive, industrial and test, aerospace and defense, and measurement and emulation.
“Xilinx has been a pioneer and leader in the field of FPGA and adaptive SoC technology for over three decades. As part of AMD, we are able to leverage the combined strengths of our products, technologies and talent to deliver even more value to our customers and partners,” said Victor Peng, president of AMD Embedded. “The new name of AMD Embedded reflects our commitment to providing the most comprehensive portfolio of adaptive computing platforms capable of powering a wide range of intelligent applications.”
Dr. Lisa Su, chair and CEO of AMD, said that the acquisition of Xilinx has brought together a highly complementary set of products, customers and markets with differentiated IP and world-class talent to create the industry’s high-performance and adaptive computing leader. “Xilinx offers industry-leading FPGAs, adaptive SoCs, AI inference 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,” she said.
AMD Embedded will continue to operate as a separate business unit within AMD, with Peng reporting directly to Su. The company will maintain its existing product roadmaps and customer relationships while benefiting from the additional scale and resources of AMD. AMD Embedded will also collaborate with other AMD business units to deliver integrated solutions that leverage the synergies between CPUs, GPUs, FPGAs and adaptive SoCs.
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