Xilinx Acquires Embedded Linux Solutions Provider PetaLogix


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


;Xilinx, Inc. (NASDAQ: XLNX) today announced the acquisition of embedded Linux solutions provider PetaLogix. As Linux solutions become must-haves for a growing number of embedded applications relying on Xilinx All Programmable technologies, the addition of PetaLogix and their PetaLinux technology strengthens Xilinx's capabilities and commitment to customers to provide the best Linux solutions possible.  "PetaLogix has been a key player behind the growing adoption of Xilinx programmable technologies within the embedded market, first providing a Linux distribution for MicroBlaze™ and PowerPC® processors, and now a Linux distribution and tool chain for the Zynq™-7000 All Programmable SoC," said Tomas Evensen, chief scientist for embedded software at Xilinx. "With their technology, tool set and expertise, the PetaLogix team is uniquely positioned to help Xilinx further shorten time-to-market and aggressively drive growth in the embedded space, and across all key vertical market segments we serve." PetaLogix was founded in 2005 by Dr. John Williams when he was a Research Fellow at the University of Queensland, before spinning out as a privately held company in 2007.   PetaLinux SDK, the

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

See full press release

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: NewsM&A