Xilinx Announces Restructuring Plans
Over the longer term, the Company expects to implement further supply chain efficiencies resulting in additional restructuring charges totaling approximately $10 million over the September, December and March quarters of fiscal 2010. These efficiencies are expected to result in changes to the structure and location of certain global operations, which are expected to provide the Company with further cost savings over time.
Xilinx is currently in its quiet period, so an update to its business outlook will not be provided at this time. Further information concerning savings and costs related to the restructuring will be provided when the company announces March quarter results on April 22, 2009. Please visit the company's web site at www.investor.xilinx.com for information relating to the real-time audio broadcast.
About Xilinx
Xilinx, Inc. (NASDAQ: XLNX) is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com. Xilinx, the Xilinx logo, Virtex, Spartan, ISE, and other brands designated herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.
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