Chinese regulators have conditionally approved AMD's $35 billion acquisition of specialty programmable logic device company Xilinx. The purchase had already been approved in every other market so this final approval should allow the deal to quickly progress provided both parties agree to the conditions set out by the Chinese market regulator. These requirements include a commitment to ensuring that Xilinx FPGAs remain compatible with ARM-based processors and products used in the Chinese market. This deal will help make AMD more competitive with Intel which has previously purchased a similar FPGA company with Altera for $16.7 billion in 2015.