China okays AMD bid to buy Xilinx

Red on red gets red approval   One of the reasons AMD wanted to acquire Xilinx is because Xilinx’s company color is red and AMD calculated in their offer prices how money could be saved by not having to do a rebranding of Xilinx’s collateral. (AMD previously said that it expects to achieve about $300 million in annualized cost savings within 18 months of the close of the deal.)  Today (or maybe it was yesterday in another time zone, the Chinese government has okayed the merger of two companies based in the U.S, to merge. That a foreign country with