Xilinx (XLNX) Tops Q4 EPS by 1c

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Xilinx Reports Record Revenues Exceeding $3 Billion For Fiscal 2019

April 24, 2019 4:20 PM EDT

SAN JOSE, Calif., April 24, 2019 /PRNewswire/ -- Xilinx, Inc. (Nasdaq: XLNX) today announced record revenues of $3.06 billion for fiscal year 2019, up 24% from the prior fiscal year. Revenues were $828 million for the fourth quarter of fiscal year 2019, up 4% from the prior quarter and up 30% year over year.

GAAP net income for fiscal... More

Xilinx to Acquire Solarflare

April 24, 2019 4:20 PM EDT

SAN JOSE, Calif., April 24, 2019 /PRNewswire/ -- Xilinx, Inc. (NASDAQ: XLNX), the leader in adaptive and intelligent computing, announced today that it has entered into a definitive agreement to acquire Solarflare Communications, Inc., an Irvine, Calif.-based privately-held company. Solarflare is a leading provider of high-performance, low latency networking solutions for customers spanning FinTech to cloud computing. The acquisition will enable Xilinx to combine its industry-leading FPGA, MPSoC and ACAP solutions with Solarflare's ultra-low latency network interface card (NIC) technology and Onload application acceleration software, to enable new converged SmartNIC solutions,... More