SAN JOSE, Calif., Sept. 17, 2012 /PRNewswire/ -- Xilinx, Inc. (NASDAQ: XLNX) today announced the acquisition of substantially all of the assets of Modesat Communications, a high performance wireless backhaul solutions provider with industry leading capabilities and roadmap. OEMs focusing on mobile backhaul platforms can now take advantage of Xilinx® All Programmable 7 series FPGAs and Zynq™-7000 SoCs combined with Modesat wireless backhaul solutions to gain market competitiveness and differentiation. Xilinx wireless mobile backhaul solutions provide faster time-to-market and viable alternatives for OEMs, who are constrained today by limited merchant IP options. Customers can retain their proprietary IP, while leveraging the backhaul solutions and the flexibility of Xilinx All Programmable FPGAs and SoC devices to achieve faster time-to-market.
"Xilinx is excited to acquire Modesat and merge their products and technology with our existing wireless solutions to better serve our valued customers. We have consistently received feedback from our customers to provide total solutions optimized for wireless mobile backhaul applications. We've listened to our customers and aligned our portfolio and roadmap to serve their needs. Modesat is a great synergistic fit," said Krishna Rangasayee, senior vice president and general manager of the Xilinx Communications Business Unit. "This is another affirmation of our commitment to the wireless markets and to offer our customers the best combination of silicon, solutions IP and design services to assist them in differentiating and succeeding in their markets."
Worldwide LTE network deployments are straining the existing backhaul network infrastructure, resulting in significant carrier CAPEX spending on upgrading wireless backhaul. OEMs are diversifying their wireless mobile backhaul portfolios to add new features and technology capabilities that address ever-changing market needs. There is increasing interest in e-Band and NLOS backhaul technologies, beyond traditional microwave backhaul. The market dynamics in these fast cycle, cost-competitive wireless backhaul markets are resulting in new challenges and opportunities for OEMs. Xilinx is a key semiconductor supplier to the leading OEMs in wireless mobile backhaul markets. With the Modesat acquisition, Xilinx now provides OEMs a rich portfolio of industry-leading solutions IP and services addressing the backhaul strategy of OEMs.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV