3/10/2004 - Xilinx Inc. (NASDAQ: XLNX), the world-leading supplier of programmable logic solutions, and Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading distributor of high technology active components, announced the expansion of their long-standing product service and market distribution agreement to extend beyond the Americas, specifically into the country of India. This agreement is effective immediately and marks the first franchise agreement outside of North and South America between the two companies since their partnership inception in 1987.
“As Asia Pacific continues to play a prominent strategic role in Xilinx’s global expansion, we are pleased to add Nu Horizons to our worldwide distribution network,” said David Loftus, managing director of Asia Pacific at Xilinx. “The Nu Horizons demand creation model has led to a successful partnership between our organizations. This model, combined with our aggressive growth strategy for all programmable logic devices, made expanding into India our next logical step.”
Nu Horizons will manage the Xilinx distribution program from its existing facility in Bangalore, in addition to its New Delhi facility, which is scheduled to open in April 2004. The distribution of all Xilinx FPGAs, CPLDs, software and development tools, and intellectual property cores, as well as all demand creation and engineering support, will also be regionally based from the dual locations.
Vick Aggarwala, president of Nu Horizons Asia Pacific concludes, “Xilinx’s leadership in the programmable logic space enhances the existing strengths of our product portfolio in India. Our commitment to provide leading-edge technologies, coupled with the Xilinx reputation for supreme quality and performance, will provide seamless global support and long-term success to our growing customer base within the region.”
In related news, Xilinx recently announced the establishment of the Xilinx-CMC India Development Centre (XIDC) in Hyderabad, India. As one of Xilinx’s first research and development facility in Asia Pacific, the Centre will focus on developing FPGA solutions targeted at high-growth markets, such as digital consumer electronics, automotive and communications. The Centre was developed in strategic partnership with CMC Limited, a Tata Group company and leading provider of embedded and real-time hardware and software solutions in India.
About Xilinx Inc.
Xilinx is the world’s leading supplier of programmable logic solutions, one of the fastest growing segments of the semiconductor industry.
About Nu Horizons Electronics Corp.
Nu Horizons is a leading global distributor of high technology active components, including analog, communications, discretes, optical, logic & peripherals, memory, microcontrollers, system on chip (SOC), board level and computer system products to a wide variety of commercial original equipment manufacturers (OEMs). With sales facilities in thirty-five locations across North America and Asia, and logistics centers in centralized locations throughout the globe, Nu Horizons partners with a limited number of best-in-class suppliers to provide in-depth product and solutions expertise to its customers. Information on Nu Horizons and its services is available at http://www.nuhorizons.com
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