https://wccftech.com/amds-35-billion-purchase-delayed-at-last-moment-company-remains-optimistic/

AMD Chief Dr. Lisa Su. Image: Lisa Su/Twitter

Chip designer Advanced Micro Devices, Inc's (AMD) bid to acquire Xilinx, Inc is on its way to secure regulatory approval by the end of the first quarter of next year according to a statement from both companies. AMD announced its intent to acquire Xilinx last year for a $35 billion price tag, and throughout the course of this year, both parties were optimistic about it not facing any hurdles for approval. However, the statement confirms earlier rumors that approval is unlikely before the end of this year, which both companies had expected and outlined to investors at the time of the deal's announcement in October 2020.