(Reuters) – Advanced Micro Devices Inc AMD.O on Tuesday said it would buy rival chipmaker Xilinx XLNX.O in a $35 billion all-stock deal, seeking a larger share of the lucrative data center chip market.
The deal marks another milestone in the consolidation of the global semiconductor industry, as chipmakers stock up on ammunition to supply to an ever-growing Internet of Things, which connects everything from smart speakers to cars with processors.
The sector has seen at least 120 acquisitions with a minimum deal value of $1 billion in the last two decades, according to Refinitiv data.
Below are a few high-value semiconductor deals that took place in the last five years.
** Nvidia Corp NVDA.O agreed to buy UK-based chip designer Arm from Japan’s Softbank Group Corp 9984.T for about $40 billion in September 2020. The deal is waiting for regulatory approval.
** Chip developer Avago Technologies Ltd AVGO.O bought