Free Historical Stock Data on Xilinx
Stock Symbol: XLNX
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Business Description
Xilinx, Inc. designs, develops and markets complete programmable logic solutions, including advanced integrated circuits (ICs), software design tools, predefined system functions delivered as intellectual property (IP) cores, design services, customer training, field engineering and technical support. The programmable logic devices (PLDs) include field programmable gate arrays (FPGAs) and programmable logic devices (CPLDs). These devices are standard products that the Company's customers program to perform desired logic functions. The products are designed to provide integration and quick time-to-market for electronic equipment manufacturers in the communications, storage, server, consumer, industrial and other markets. The Company sells its products globally through independent domestic and foreign distributors, through direct sales to original equipment manufacturers (OEMs) by a network of independent sales representative firms and through a direct sales management organization.
Financial Information
For the 39 weeks ended 1/1/05, net revenues rose 19% to $1.18 billion. Net income increased 43% to $245.5 million. Results reflect improved economic conditions in the communications sector and the absence of litigation settlement costs.
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