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Xilinx Accompanys Intel and Invests $20 m in Enpirion's Development

Other investors are Canaan Partners, Columbia Capital, RRE Ventures and SAS Investors

By Anca Rusu, Technology Editor

10th of July 2006, 12:30 GMT

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Xilinx announced that the company is the new investor of the semiconductor manufacturer Enpirion, supplying a total sum of $20 million, added to other funds provided by leaders of the IT dedicated market such as Intel Capital, Canaan Partners, Columbia Capital, RRE Ventures and SAS Investors, according to Electronics Weekly.

"This round of financing will be used to significantly increase our presence in applications where we have demonstrated that our high power density integrated solutions can greatly improve both product performance and footprint," stated
Mark Downing, Enpirion's CEO.

Enpirion representatives said that the company intends to further invest the sum into hiring several professionals specialized in numerous domains such as sales an engineering, as the manufacturer's production is centered upon integrated power technologies in the embedded DC-to-DC power conversion space. "Enpirion specialises in high density power devices such as its EN5360 6A point-of-load DC-DC converter which doubled power output from a device which was just 21 per cent larger than its previous generation device," further writes Electronics Weekly.

The main Enpirion backer - Intel announced two weeks ago it has opened the third chip plant which is based on 65-nanometer processes, producing a wide range of multicore microprocessors. The new facility is based in Leixip, Ireland, and its development needed $2 billion investment in order to boost the market share on the dedicated 65 nanometers segment. This is the third plant to be opened, and the first in Ireland, as the manufacturer preferred, up until now, to build its facilities in the U.S., more precisely, in Arizona and Oregon.

"The new plant comes at a time when Intel is looking to regain its footing, with three new chips due this summer. These microprocessors are expected to mark one of Intel's most significant product launches in the company's history. Intel will introduce its Intel Core 2 Duo processors for the desktop and notebook (formerly code-named Conroe and Merom, respectively). Intel also plans to introduce its dual-core Intel Xeon processor 5100 series (formerly code-named Woodcrest)," commented ZDnet.

Photo Credits - NJ Biz
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