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XILINX
partners with CMC Ltd to establish technology
development centre in India
Hyderabad,
February 25, 2004
Xilinx,
Inc (NASDAQ: XLNX), the world's largest
supplier of programmable logic solutions
with 2003 calendar year revenues of US$
1.3 billion, today announced a strategic
partnership with CMC Limited, a Tata group
company and leading provider of embedded
and real-time hardware and software solutions
in India.
The
new Xilinx-CMC India development centre
(XIDC) in Hyderabad is being established
to develop field programmable gate array
(FPGA) solutions targeted at high-growth
markets, such as digital consumer electronics,
automotive and communications.
At
today's press conference announcing the
XIDC, Xilinx chairman and CEO Wim Roelandts
said, "India is world-renowned for
its tremendous technical talent. As Asia
becomes the centre for digital consumer
electronics, it's a natural next step
for Xilinx to establish a technology development
centre in partnership with a high-calibre
company such as CMC Limited. Our strategy
is to invest resources in high growth
areas. We're confident that the XIDC will
help us to expand our presence in the
Asia-Pacific region."
Asia
Pacific and Japan already account for
more than 35 percent of the total revenues
of Xilinx in the fiscal year 2003, up
from 13 per cent just four years ago.
CMC
Limited MD and CEO R Ramanan added, "We're
partnering with Xilinx to develop leading-edge
FPGA technology solutions. CMC is totally
committed to the success of the XIDC,
and confident that the natural synergies
between our companies will ensure success."
The
XIDC is one of Xilinx' first research
and development facility in Asia Pacific
and is expected to grow to 300 employees
within the next several years. The new
development centre is housed within an
independent facility on the CMC campus
in Hyderabad. Xilinx will provide management
support to the centre, and CMC will set
up and run the XIDC with fully dedicated
technology development and managerial
staff.
India
has a large pool of technical talent and
a well-developed and enforced intellectual
property protection system. It provides
an excellent environment for Xilinx to
tap into the growing market opportunities
in the region," said Akshya Prakash,
managing director of CMC Xilinx IDC. "We
will provide exciting opportunities that
should attract the best engineering talent
in the country. Our partnership with CMC,
given their many years of experience in
FPGA, hardware and system designs, will
further strengthen Xilinx' global R&D
capabilities."
CMC
is a leader in providing embedded and
real-time solutions to worldwide clients
in varied application areas - telecom/
datacom, industrial, consumer, automotive,
defence / aerospace. CMC became a part
of the Tata Group following the acquisition
of majority equity by Tata Sons Ltd. in
2001. CMC has been working closely with
TCS, a division of Tata Sons and Asia's
largest software company.
Xilinx
achieved recognition in 2003 with several
top business publications and industry
associations, among them: Forbes
magazine's "Best managed semiconductor
company", Fortune magazine's
top 10 of the "Best 100 companies
to work for" in America for the third
year in a row, and The Fabless Semiconductor
Association's "Most respected public
company" for the second year in a
row.
About
Xilinx
Xilinx is the world's leading supplier
of programmable logic solutions, one of
the fastest growing segments of the semiconductor
industry. The company's offering includes
the highest-performing and lowest cost
programmable chips, as well as a complete
range of necessary supporting technology
and technical support. The company employs
over 2,600 people worldwide. Customers
include Cisco Systems, Sony, Lucent Technologies,
Nortel Networks, Agilent Technologies,
Samsung, IBM, EMC and NEC among others.
For more information, visit www.xilinx.com.
About
CMC Limited
Founded in 1975, CMC is a premier information
technology solutions provider with a consolidated
turnover of Rs 6,790 million for the FY
2002-03. Operating out of 18 offices and
180 service locations in the country,
CMC Limited employs over 3000 people and
has a wholly owned subsidiary in USA called
CMC Americas, Inc.
CMC's
vision is to operate globally and bring
the benefit of information technology
to improve the productivity of its customers
and the quality of its customer's products
and services. CMC combines horizontal
expertise in information technology with
its vertical experience developed by working
in a wide range of Industries. Following
the successful disinvestment by the Government
of India in 2001, CMC Limited has become
a part of the Tata group.
Contact
Head Corporate Communication
PTI Building,
5th Floor, 4 Sansad Marg
New Delhi - 110 001
Tel: 91-11-23736151-8
Email: svr@cmcltd.com
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