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Xilinx establishes $75 million corporate venture capital fund

(Business News, 27 Nov 2006 )

Xilinx, the supplier of programmable logic solutions, announced its Asia Pacific Technology Fund, a US$75 million corporate venture capital fund focused on accelerating programmable systems and development within the Asia Pacific technology market.

Xilinx is looking to invest in companies who are creating applications based on programmable logic, targeted at key markets such as wired communications, consumer, automotive, broadcasting, medical, and servers or technology domains such as high performance DSP and embedded processing. The company is also interested to invest in companies developing technologies and solutions to increase the adoption of programmable logic throughout expanding ecosystem from manufacturing, silicon, software, intellectual property, design services and technical support.

Stacy Fender, managing director of Xilinx Asia Pacific, said, "As more and more electronics design work is done locally in Asia Pacific, this is the right time to look for new investment opportunities to accelerate the adoption of system level programmable technologies across the region. By increasing our focus and investment in the Asia Pacific market, we are demonstrating our continued commitment to developing the region into a greater source for the technology market and a driver for our growth worldwide."

Xilinx

 
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