Xilinx CEO: Venture capital won't return to semis
Dylan McGrath, EE Times
(03/10/2009 11:56 PM EDT)
SCOTTSDALE, Ariz.—Venture capital funding is in short supply and won't return to the semiconductor industry even after the current recession, according to Moshe Gavrielov, president and CEO of programmable logic supplier Xilinx Inc.
Venture capitalists do not want to invest in semiconductor startups because of the amount of money required and the greater-than-five-year time horizon when they can expect their investment to pay off, Gavrielov told an audience at the Semico Summit 2009 event here.
"I predict that VC investment in semiconductor companies will drop precipitously," Gavrielov said. "It just does not meet the profiles they are looking at and they have other places where they can put their money."
Gavrielov mentioned green technology and Internet companies as more attractive options for VCs.
(03/10/2009 11:56 PM EDT)
SCOTTSDALE, Ariz.—Venture capital funding is in short supply and won't return to the semiconductor industry even after the current recession, according to Moshe Gavrielov, president and CEO of programmable logic supplier Xilinx Inc.
Venture capitalists do not want to invest in semiconductor startups because of the amount of money required and the greater-than-five-year time horizon when they can expect their investment to pay off, Gavrielov told an audience at the Semico Summit 2009 event here.
"I predict that VC investment in semiconductor companies will drop precipitously," Gavrielov said. "It just does not meet the profiles they are looking at and they have other places where they can put their money."
Gavrielov mentioned green technology and Internet companies as more attractive options for VCs.
To read the full article, click here
Related Semiconductor IP
- AXI5 to/from AXI4 Bridge
- AXI5-Stream to/from AXI4-Stream Bridges
- APB5 to APB4 bridge
- UALink PHY + Controller
- General Purpose Low-Dropout (LDO) - TSMC
Related News
- Aura Semiconductor Announces Vcore Power Technology Transaction with onsemi
- IBM VC calls for 'open' hardware
- Analysis: strategic versus ROI-driven VC
- Docea Power Secures $1.5M in VC Funding
Latest News
- CAST Expands Functional Safety IP Line with ASIL B Ready SENT/SAE J2716 Receiver Core
- SkyeChip Advances Custom Interface IP Engagement with Cerebras for Wafer-Scale AI Platforms
- SEALSQ and GlobalFoundries Partner to Accelerate Post-Quantum Cryptography and Quantum Computing Technologies
- Arteris Announces Collaboration with IC-Link by imec to Accelerate Next-Gen AI and HPC Silicon
- SambaNova Completes First Close of $1B Financing at $11B Valuation