Finance

Xilinx has posted record revenues of $2.54 billion for the fiscal year 2018, an increase of 8% from last year. Revenues were $673 million for Q4 of FY 2018, up 7% from the prior quarter and up 10% from Q4 FY 2017. CEO Victor Peng attributes the growth to :a three-pronged approach”, focusing on data centres, with the introduction of ...

Figures from SIA show the industry achieved 19 consecutive months of year-to-year sales increases.

UK tech investment is on a high and London-based firms attracted the lion’s share of funding, according to a market survey by London & Partners. British tech firms attracted more venture capital funding than any other European country in 2017. According to data compiled for London & Partners by PitchBook, venture capital investment into the UK’s tech sector reached an ...

Wales-based analogue IP re-use firm Thalia Design Automation has secured $865k (£640k) funding in its latest round. The firm said it has achieved “significant customer traction within the last 18 months”. Thalia also plans to recruit more analogue IC developers. The company has developed technology for transferring RF, analogue and mixed-signal IP designs to silicon, using its design automation technology. ...

Reno Sub-Systems develops semiconductor manufacturing systems for nanoscale IC processes. These include RF matching networks, RF power generators and gas delivery systems.

Xilinx invests in a California-based start-up developing high performance programmable chip platforms.

Entrepreneur First, the London-based start-up seed investor, has secured £9.5m in funding and its backers include California-based venture capital firm Greylock Partners led by LinkedIn co-founder Reid Hoffman. Entrepreneur First (EF) was founded by Alice Bentinck and Matt Clifford in 2012, and it has helped seed over 120 technology companies. Most notably London-based artificial intelligence start-up, Magic Pony, which was bought ...

UK is proposing to enter the venture capital arena with the creation of a National Investment Fund which will target British start-ups. The hope is to create more UK-based unicorns, these are new firms valued over $1bn. But it is also a way of replacing European investment in UK start-ups. British businesses still rely heavily on funding from the European ...

UK defence specialist Ultra Electronics has announced a planned acquisition of US-based Sparton Corp in a deal worth $235m (£180m).

Electrocomponents, the parent company of distributor RS Components, has posted strong growth in both sales and profits in full-year results published this morning.