XLNX Xilinx Inc

By Ian Walker

The U.K. Competition and Markets Authority said Monday that it is inviting comments from interested parties into Advanced Micro Devices Inc.'s anticipated acquisition of Xilinx Inc. ahead of a formal investigation into the deal.

The regulator said it is considering whether the deal will lead to a "substantial lessening of competition," and has set a deadline of May 21 for parties to comment.

Advanced Micro Devices agreed to buy rival chip maker Xilinx Inc. last October in a $35 billion deal which was approved by both sets of shareholders on April 7.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

May 10, 2021 06:34 ET (10:34 GMT)

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