$Advanced Micro Devices (AMD.US)$$Xilinx (XLNX.US)$  Deal ...

$Advanced Micro Devices (AMD.US)$ $Xilinx (XLNX.US)$ Deal

Expands AMD’s rapidly growing data center business
Xilinx, the No. 1 provider of adaptive computing solutions, increases AMD TAM to $110 billion

The transaction is expected to be immediately accretive to AMD margins, EPS and free cash flow generation and deliver industry-leading growth.

AMD expects to achieve operational efficiencies of approximately $300 million within 18 months of closing the transaction, primarily based on synergies in costs of goods sold, shared infrastructure and through streamlining common areas