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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Oravetz who wrote (789)	3/8/2004 7:55:25 AM
From: Neil H	Respond to of 912

Xilinx is buying Triscend. I guess they wanted bought by a US company. Neil Xilinx Announces Acquisition of Triscend Corp. Monday March 8, 7:30 am ET Merger Bolsters Xilinx Leadership in Rapidly Growing Embedded Market, Brings R&D Talent, Complementary Technology Expertise to Company SAN JOSE, Calif., March 8 /PRNewswire/ -- Xilinx, Inc. (Nasdaq: XLNX - News) today announced that it has signed an agreement to acquire Triscend Corp., a pioneer of configurable embedded microcontroller technology. The merger will bolster Xilinx's rapidly growing presence in the embedded market, bringing R&D talent and complementary technology expertise into the company. The majority of Triscend's 40 employees, currently located at the company's headquarters in Mountain View, Calif., will become Xilinx employees. The company anticipates booking the acquisition in its fiscal fourth quarter ending April 3, 2004. At that time, purchase price allocation will be recorded. Although financial details were not disclosed, the acquisition represents less than one percent of the total assets of Xilinx as of the end of our fiscal third quarter ending January 3, 2004. "The significant talent and technology at the core of Triscend will strengthen our efforts in the embedded processing space, accelerating future development of embedded solutions and speeding our market ramp in this important emerging market," said Erich Goetting, vice president and general manager of the Advanced Product Division (APD) at Xilinx. "Together, Xilinx and Triscend have a powerful combination of embedded technology, tools and expertise that will deliver tremendous value to our mutual customers and to deepen Xilinx's market penetration in the embedded market place," added Reynette Au, president and chief executive officer of Triscend. "We're delighted to be a part of Xilinx, and look forward to playing a key role in accelerating adoption of the programmable logic devices with increasing levels of embedded processing capabilities." Triscend's configurable microcontrollers are used in a variety of applications, such as industrial controls, security and consumer electronics. Its technology can be combined with programmable logic, microprocessors, memory and buses to create single-chip customized solutions.