China officially agreed to the AMD Xilinx acquisition

Stefan Mileschin · 2nd February 2022, 06:52

China’s regulatory authority approval is official

China’s regulatory authority has given AMD the green light for a $35 billion acquisition. USA, Korea, Taiwan, and the European Union already gave their blessing for the transaction earlier.

China was the last to agree, and this is not surprising. The regulators wanted to get assurances from AMD that the company won’t tie the CPU and GPU sales to Xilinx products. The regulators will be carefully watching for such a possible move.

Such an agreement comes hardly as a surprise since an anti-competition authority ordered it. The review took just a week over one whole year as it was petitioned on January 19, 2021.

https://fudzilla.com/news/iot/54304-...nx-acquisition

2nd February 2022, 06:52	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,650	China officially agreed to the AMD Xilinx acquisition China’s regulatory authority approval is official China’s regulatory authority has given AMD the green light for a $35 billion acquisition. USA, Korea, Taiwan, and the European Union already gave their blessing for the transaction earlier. China was the last to agree, and this is not surprising. The regulators wanted to get assurances from AMD that the company won’t tie the CPU and GPU sales to Xilinx products. The regulators will be carefully watching for such a possible move. Such an agreement comes hardly as a surprise since an anti-competition authority ordered it. The review took just a week over one whole year as it was petitioned on January 19, 2021. https://fudzilla.com/news/iot/54304-...nx-acquisition

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