Xilinx finds CG-CoreEL, looks for more companies

By siliconindia   |   Thursday, 11 January 2007, 18:30 IST
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Hyderabad: Xilinx, the fabless semiconductor company, is considering the Indian company CG-CoreEL for investments through its Asia-focused venture arm. It is looking for more companies for such investments in India. "We are in the process of negotiating with the company on the quantum of funding and related terms and expect to announce the investments shortly," announced Willem P. Roelandts, Chairman of Xilinx. Roelandts informed that the Asia Pacific was accountable for 25 percent of Xilinx’s business making it one of the fastest growing markets. It also had plans of expanding their R&D in India, to serve the market, meeting the design requirement of the market. Last year the company opened its own R&D center in Hyderabad, while earlier it had partnered with CMC Ltd. Referring to some key trends in the semiconductor industry, which is traditionally cyclical in nature, Reolandts pointed out: "If the growth during 1995-2005 was driven by the Internet, during 2005-2015, the growth would be driven by convergence or what some others would like to call triple play." He further added that along with its current offering, the 45-nanometer technology would become more significant, for which Xilinx was ready. With 45-nanometer technology, the same chip would be able to process twice the number of transactions and would come at almost half the price of 65 nanometer chips. The applications would be in a wide-ranging electronic, home entertainment devices and automotives.

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