AMD and Xilinx Special Meetings of Stockholders to be Held on April 7, 2021

AMD and Xilinx Special Meetings of Stockholders to be Held on April 7, 2021

― Recommend Stockholders Vote “For” the Acquisition and Other Proposals Set Forth in the Definitive Proxy Assertion ―

SILICON VALLEY, Calif., March 08, 2021 (World NEWSWIRE) — AMD (NASDAQ:AMD) and Xilinx (NASDAQ:XLNX) declared now they have set a day for the Distinctive Meetings of Stockholders to vote on the proposed acquisition of Xilinx by AMD. AMD and Xilinx stockholders of file as of the near of company on Feb. 10, 2021 will be entitled to vote at their respective Specific Conferences, each of which will be held pretty much on Wednesday, Apr. 7, 2021 at 9:30 a.m. Pacific Time.

AMD and Xilinx submitted a definitive joint proxy assertion and prospectus with the U.S. Securities and Exchange Fee in connection with the proposed transaction. The AMD and Xilinx Boards of Directors each unanimously suggests that respective stockholders vote “FOR” the proposed acquisition and other proposals established forth in the definitive joint proxy assertion and prospectus, which is being distributed to all AMD and Xilinx stockholders entitled to vote.

The acquisition will provide jointly two field leaders with complementary product or service portfolios and prospects, combining CPUs, GPUs, FPGAs, Adaptive SoCs and deep program abilities to help management in computing platforms for cloud, edge and close devices. Collectively, the combined corporation will capitalize on prospects spanning some of the industry’s most important progress segments, which include info facilities, gaming, PCs, communications, automotive, industrial, aerospace and defense.

AMD stockholders who need aid finishing the proxy card, will need extra copies of the proxy materials, or have thoughts regarding the AMD Unique Assembly may perhaps make contact with AMD’s proxy solicitors:

MacKenzie Associates, Inc.
(800) 322-2885 or (212) 929-5500

Xilinx stockholders who need to have assistance finishing the proxy card, need added copies of the proxy resources, or have issues relating to the Xilinx Specific Assembly might speak to Xilinx’s proxy solicitors:

Innisfree M&A Included
(877) 717-3923 or (212) 750-5833

About AMD
For a lot more than 50 yrs, AMD has driven innovation in large-overall performance computing, graphics and visualization technologies – the creating blocks for gaming, immersive platforms and the info centre. Hundreds of hundreds of thousands of individuals, major Fortune 500 corporations and slicing-edge scientific exploration amenities around the world count on AMD technologies everyday to make improvements to how they are living, function and perform. AMD workforce all over the planet are targeted on constructing good products that thrust the boundaries of what is possible. For extra facts about how AMD is enabling these days and inspiring tomorrow, stop by the AMD (NASDAQ: AMD) website, blog, Facebook and Twitter internet pages.

About Xilinx
Xilinx, Inc. develops highly versatile and adaptive computing platforms that help rapid innovation across a wide range of technologies – from the cloud, to the edge, to the endpoint. Xilinx is the inventor of the FPGA and Adaptive SoCs (like our Adaptive Compute Acceleration Platform, or ACAP), made to produce the most dynamic computing technology in the sector. We collaborate with our buyers to make scalable, differentiated and smart methods that enable the adaptable, smart and connected entire world of the future. For a lot more info, visit xilinx.com.

Cautionary Assertion
The statements in this interaction involve forward-hunting statements concerning AMD, Xilinx, the proposed transaction and other issues. Forward-seeking statements may possibly discuss targets, intentions and anticipations as to upcoming plans, trends, situations, success of functions or financial problem, or normally, based on latest beliefs and contain several dangers and uncertainties that could induce real effects to differ materially from anticipations. Ahead-on the lookout statements converse only as of the date they are produced or as of the dates indicated in the statements and should really not be relied on as predictions of upcoming functions, as there can be no assurance that the situations or situation mirrored in these statements will be reached or will occur. Ahead-wanting statements can normally, but not generally, be identified by the use of forward-wanting terminology which includes “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “pro forma,” “estimates,” “anticipates,” “designed,” or the detrimental of these text and phrases, other variants of these terms and phrases or equivalent terminology. The ahead-hunting statements in this interaction relate to, among other factors, acquiring relevant regulatory and stockholder approvals of, or enjoyable the other closing ailments to, the proposed transaction, the expected tax cure of the transaction, the expected timing of the transaction, and the integration of the corporations and the envisioned rewards, value cost savings, accretion, synergies and expansion to consequence therefrom. These ahead-hunting statements contain threats and uncertainties that could induce real effects to differ materially from these contemplated by the statements. These challenges include, amid other issues: failure to receive applicable regulatory or stockholder approvals in a timely method or usually failure to fulfill other closing circumstances to the transaction or to entire the transaction on predicted phrases and timing hazards that the enterprises will not be built-in effectively or that the put together enterprise will not notice predicted benefits, price tag financial savings, accretion, synergies and/or progress, or that these added benefits may well just take for a longer time to recognize than expected the possibility that disruptions from the transaction will harm enterprise ideas and functions pitfalls relating to unanticipated fees of integration major transaction and/or integration expenses, or issues in link with the transaction and/or unfamiliar or inestimable liabilities restrictions through the pendency of the transaction that may well affect the capacity to go after selected company prospects or strategic transactions litigation linked with the transaction the probable affect of the consummation of the transaction on AMD’s, Xilinx’s or the merged company’s associations with suppliers, customers, employers and regulators and need for the combined company’s merchandise. A much more fulsome discussion of the threats connected to the proposed transaction is bundled in the joint proxy assertion/prospectus. For a discussion of things that could cause real final results to differ materially from people contemplated by forward-searching statements, see the portion captioned “Risk Factors” in (i) AMD’s Annual Report on Form 10-K for the fiscal calendar year ended December 26, 2020 and AMD’s other filings with the SEC and (ii) Xilinx’s Once-a-year Report on Form 10-K for the fiscal calendar year finished March 28, 2020, Xilinx’s subsequent Quarterly Reviews on Variety 10-Q and Xilinx’s other filings with the SEC. Even though the lists of variables offered below and in the joint proxy assertion/prospectus are regarded consultant, no such record must be considered to be a total statement of all probable hazards and uncertainties. Unlisted variables might present major additional road blocks to the realization of ahead-on the lookout statements. Quite a few of these risks and uncertainties may be exacerbated by the COVID-19 pandemic and any worsening of the world wide organization and financial setting as a result. Neither AMD nor Xilinx assumes, and each and every hereby disclaims, any obligation to update forward-on the lookout statements, apart from as might be required by regulation.

Supplemental Details and Wherever to Find It

In link with the proposed transaction, AMD has filed with the SEC a registration assertion on Sort S-four that contains a joint proxy assertion of AMD and Xilinx and that also constitutes a prospectus with respect to shares of AMD’s widespread stock to be issued in the proposed transaction (the “joint proxy statement/prospectus”). Just about every of AMD and Xilinx may possibly also file other suitable paperwork with the SEC regarding the proposed transaction. This interaction is not a substitute for the joint proxy statement/prospectus or any other doc that AMD or Xilinx may file with the SEC. The joint proxy assertion/prospectus will be distributed to stockholders of AMD and Xilinx. Investors AND Protection HOLDERS ARE URGED TO Go through THE JOINT PROXY Assertion/PROSPECTUS AND ANY OTHER Pertinent Files THAT ARE OR WILL BE Submitted WITH THE SEC, AS Perfectly AS ANY AMENDMENTS OR Dietary supplements TO THESE Paperwork, Cautiously AND IN THEIR ENTIRETY Simply because THEY Consist of OR WILL Incorporate Crucial Information ABOUT THE PROPOSED TRANSACTION AND Relevant Issues. Buyers and stability holders might get hold of cost-free copies of the joint proxy statement/prospectus and other paperwork containing vital details about AMD, Xilinx and the proposed transaction as a result of the internet site maintained by the SEC at www.sec.gov. Copies of the documents submitted with the SEC by AMD will be accessible free of cost on AMD’s website at ir.AMD.com or by contacting AMD’s Corporate Secretary by email at Company.Secretary@AMD.com. Copies of the documents filed with the SEC by Xilinx will be out there absolutely free of cost on Xilinx’s website at trader.Xilinx.com or by making contact with Xilinx’s Investor Relations office by e-mail at ir@xilinx.com.

No Present or Solicitation

This communication is not intended to and shall not constitute an give to buy or provide or the solicitation of an present to obtain or market any securities, or a solicitation of any vote or acceptance, nor shall there be any sale of securities in any jurisdiction in which this sort of offer you, solicitation or sale would be unlawful prior to registration or qualification under the securities legal guidelines of any this sort of jurisdiction. No supply of securities shall be designed besides by signifies of a prospectus conference the necessities of Segment ten of the Securities Act of 1933, as amended.

Individuals in the Solicitation

AMD, Xilinx and specified of their respective directors and govt officers may well be considered to be individuals in the solicitation of proxies in regard of the proposed transaction. Data about the directors and executive officers of AMD and Xilinx, which includes a description of their direct or indirect pursuits, by security holdings or in any other case, is established forth in the joint proxy assertion/prospectus and other pertinent products to be submitted with the SEC about the proposed transaction. You might acquire cost-free copies of these paperwork using the sources indicated over.

AMD Trader Get hold of:
Laura Graves
408-749-5467
laura.graves@amd.com

AMD Media Speak to:
Drew Prairie
512-602-4425
drew.prairie@amd.com

Xilinx Investor Get hold of:
Suresh Bhaskaran
408-879-4784
ir@xilinx.com

Xilinx Media Call:
Tara Sims
415-713-6986
taras@xilinx.com

Primary Emblem

Resource: Innovative Micro Devices, Inc.

Add Comment

Your email address will not be published. Required fields are marked *