⁍ AMD.O on Tuesday said it would buy rival chipmaker Xilinx XLNX.O in a $35 billion all-stock deal.
⁍ The deal marks another milestone in the consolidation of the global semiconductor industry.
⁍ The sector has seen at least 120 acquisitions with a minimum deal value of $1 billion in the last two decades.
– Advanced Micro Devices said Tuesday it would buy its rival XLNX in a $35 billion all-stock deal that would give it a larger share of the lucrative data center chip market, Reuters reports. The deal marks another milestone in the consolidation of the global semiconductor industry, as chipmakers stock up on ammunition to supply to an ever-growing Internet of Things, which connects everything from smart speakers to cars with processors. The sector has seen at least 120 acquisitions with a minimum deal value of $1 billion in the last two decades, according to Refinitiv data. The sector has seen at least 120 acquisitions with a minimum deal value of $1 billion in the last five years. Intel Corp bought Altera Corp for $15.33 billion in 2015.
Source: https://www.reuters.com/article/us-xilinx-m-a-amd-factbox/factbox-biggest-global-deals-in-the-fast-growing-chip-industry-idUSKBN27C1H5