November 7, 2006 – Xilinx Inc. has formed an Asia Pacific Technology Fund to invest $75 million in accelerating programmable systems innovation and development within the Asia Pacific technology market, including China, India, Taiwan, and Korea.

The fund, administered by Xilinx’s A-P regional headquarters in Singapore, is the company’s first regionally focused VC fund initiative for the regional programmable logic device market, and is the largest corporate capital fund launched in Singapore to date. Potential investments range from $0.5-$5.0 million.

Companies in line for the funds would be creating applications based on programmable logic, targeted at key vertical markets such as wired/wireless communications, consumer, automotive, audio/video/broadcast, industrial/scientific/medical, and storage/servers or technology domains such as high-performance DSP and embedded processing. Xilinx also is interested in investing in companies with technologies to increase PLD adoption, spanning manufacturing, silicon, software, IP, design services and technical support.

“Programmable logic is becoming more mainstream in electronics design as it provides all the key product requirements for success including high-performance features, design flexibility, faster time-to-market, lower development costs, and field upgradeability,” stated Hans Schwarz, VP of business and strategy development, corporate venture capital, Xilinx.

“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,” added Stacy Fender, managing director of Xilinx Asia Pacific.