AMD’s bumper Xilinx deal cleared for completion

Chipmaker AMD is expected to complete its planned $35bn takeover of the semiconductor firm Xilinx early next week now that the deal has received approval from all necessary regulatory authorities.

Now that the mandatory Hart-Scott-Rodino (HSR) Act waiting period has expired in the US, both companies are preparing to finalize their deal with AMD expecting the acquisition to be complete on or around February 14 according to a press release.