Wednesday, November 1, 2006

Xilinx Opens $75M Venture Fund

Xilinx, a provider of field programmable gate arrays (FPGAs), announced today that it has opened up a new, $75M venture capital fund focused on the Asia Pacific. Xilinx said its new corporate venture capital fund, the Asia Pacific Technology Fund, will focus on accelerating programmable systems innovation and development in the Asia Pacific region. The new fund will be based in Singapore, and will invest in China, India, Taiwan and Korea. Xilinx said it will look to invest from $500,000 to $5M in firms in the region.