Platform building is a well-known path, but is being part of AMD’s platform better for Xilinx than fleshing out its own already promising one?
The private equity firm will take over the assets, as the telecom carrier focuses on its cloud networking business.
“The bond market is falling over itself to lend money. This is the time to do it." But “AMD has made debt reduction a core part of its strategy.”
A combination with Xilinx would give AMD more of the pieces needed to break Intel’s stranglehold on the data center market.
“We want to make our existing assets more liquid and use that to invest in new businesses.”
Data center deals keep coming, with investors eager to capitalize on pandemic-accelerated demand growth.
The deal will give DataBank a national-scale platform and make it one of the largest privately held US data center providers.
The giant pledges to continue investing heavily in Salt, the popular open source configuration automation platform.
