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AMD agrees all-stock takeover of Xilinx for USD 35 billion

2020-10-27 13:32:00| Telecompaper Headlines

(Telecompaper) AMD is expanding in the infrastructure market with an agreement to acquire Xilinx in an all-stock transaction worth USD 35 billion. The takeover will expand the breadth of AMD's portfolio with new products to target the growing data centre segment, where rival Intel also has been expanding. 

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