New €7,500,000 research centre designated for Xilinx European HQ in Dublin
DUBLIN , Ireland, July 20, 2005 – Xilinx, Inc. (NASDAQ: XLNX), the world leader of programmable logic solutions today announced its intention to establish Xilinx Research Labs at its European Headquarters in Ireland. This will be a new, high level research operation which will carry out globally relevant work for Xilinx. The strategically important facility will work in tandem with Xilinx Research Labs in the United States. The new labs will open in September.
The development was formally announced in Dublin today by Ireland’s Minister for Enterprise, Trade and Employment, Mr. Micheál Martin, T.D., andby Paul McCambridge, Vice President and Managing Director of Xilinx Ireland. Xilinx Research Labs will involve investment of €7,500,000 (US$9.2M) and its establishment will be supported by IDA Ireland.
The mission of Xilinx Research Labs is to carry out speculative research to invent and discover technological solutions that create new business opportunities for Xilinx, or significantly advance its current business. The Irish centre will specialise in the field of networking and emerging network architectures, an area in which programmable microchips can make a major contribution due to their versatility and high performance characteristics.
“Research and invention are the lifeblood of a pioneering firm like Xilinx,” said Ivo Bolsens, Vice President and Chief Technology Officer for Xilinx. “The establishment of Xilinx Research Laboratories in Ireland is of immense significance due to the strategically vital contribution which fundamental research makes to our global corporation.”
The company will initially recruit PhD qualified engineers as Principal Researchers, and PhD or experienced Masters degree holders as Staff Research Engineers. Xilinx Research Labs Ireland will also engage strongly in collaborative research work with other academic and commercial research facilities in Ireland.
Xilinx is one of Ireland’s leading foreign direct investment partners. The company, which currently employs 450 in Ireland, designs and produces programmable semiconductor chips that are capable of being programmed individually for use in a wide range of electronic systems. Since establishing its Dublin base in 1995, Xilinx has invested in excess of EURO 125 million in the largest facility operated by Xilinx outside of North America.
Xilinx programmable microchips are instrumental in the development of new information and communication technologies throughout the world, with applications ranging from consumer electronics through to mission critical systems. Xilinx is the world’s leading provider of programmable logic solutions, with 51 percent market segment share. The company develops and provides the software tools necessary to programme these devices, as well as predefined system functions that customers load as software into the microchips.
This is the first time that Xilinx has located a research labs operation of this nature outside of the United States. It is seen locally as a significant endorsement by the corporation of the strong performance to date of its European operations headquartered in Dublin. Xilinx currently operates an advanced R&D, engineering and operations centre in Dublin.
“The multifunctional nature of our business in Ireland provides a huge depth of opportunity for our employees where individuals have total visibility on the international organisation and its activities,” said Xilinx Ireland’s McCambridge. “Xilinx in Ireland is a fully integrated part of the global business which operates on the basis of cohesive international teams. Everyone here is aware that the impact of what they do can have tangible benefits across the entire organisation and this is very empowering.”
Among the highest ranking international responsibilities in Finance, Legal, IT, Strategic Marketing and overall Business Operations Management reside at Xilinx European headquarters in Ireland. For example, Xilinx recently appointed an Irishman, Kevin Cooney, as global Chief Information Officer based in Ireland.
“Xilinx in Ireland has won some very high profile corporate responsibilities and it continues to do so year on year based on the quality of what we are achieving and the leadership roles which our staff have adopted,” added McCambridge. “I am confident that Xilinx Research Labs will add greatly to this culture of innovation.”
Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit www.xilinx.com.