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Xiliinx launches $100 million 'Ecosystem Venture Fund

Posted: 23 Dec 2004 ?? ?Print Version ?Bookmark and Share

Keywords:fpga? programmable platform? ecosystem venture?

With a brief to promote system-level design using FPGAs and other programmable platforms FPGA vendor Xilinx Inc. has launched a $100 million venture capital fund. The money would be invested in companies working with FPGAs or building FPGA infrastructure, the company said Dec. 20.

Xilinx said the Ecosystem Venture Fund would invest sums ranging from $250,000 to $5 million in companies delivering tools for FPGA-based design. Initially, the venture fund would make investments in Europe and the U.S., with an emphasis on high-speed DSP, embedded processing and high-speed connectivity, the company said.

This is not the first Xilinx involvement in venture capital. Xilinx formed the $75 million Technology Growth Fund in 1999, which has focused on early stage technology investments in companies such as Accelchip, Hier Design, Nuron and Synplicity. That funds investments in companies exploring and/or promoting new technology or markets range from $500,000 to $5 million.

"While most corporate funds disengaged from the market at the outset of the downturn in 2001 and 2002, Xilinx has remained steadfast in our commitment to invest in emerging companies to nurture FPGA-based research and development," said Hans Schwarz, senior director of business development at Xilinx, in a statement. "To date, we have invested more than $40 million, with above average returns. With the new Ecosystem Venture Fund, we're delighted to broaden the scope of our investment program."

- Peter Clarke

Silicon Strategies

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