Santa Cruz, Calif. After finalizing the acquisition of Matlab-to-RTL DSP synthesis firm AccelChip Friday (Jan. 13), Xilinx Inc. will likely be pursuing other acquisitions in line with its new DSP strategy, according to the general manager of its DSP division.
Xilinx isn't saying how much it paid for AccelChip, except that it represents less and 1 percent of its total assets at the close of 2005. But sources close to the deal said the company paid $21.5 million for AccelChip.
Vin Ratford, president and CEO of AccelChip, joins Xilinx, as do the other key executives of the company, including Chief Technical Officer Michael Bohm, Vice President of Engineering Bradley Armstrong and Vice President of Marketing and Sales Tom Feist. Ratford will report directly to Omid Tahernia, vice president and general manager for Xilinx' DSP division.
Ratford said he would continue to lead a team that will, at least for the immediate future, behave in much the same way it did prior to the acquisition as a pseudo-unit within the DSP division.
Though a priority will be creating tighter integration between the AccelChip technology and Xilinx' System Generator for DSP framework, Tahernia insinuated that he would give the new addition broad autonomy to continue doing business as usual.
"I don't want to disrupt the momentum this team has had," Tahernia said.
Tahernia said creating a robust design flow is the biggest challenge facing Xilinx as it endeavors to capture a larger share of the $2 billion high-performance DSP market. He added that Xilinx is likely to acquire other companies to help bolster its position.