Xilinx was founded in 1984 by Ross Freeman, Bernard Vonderschmitt, and James V Barnett II. The three founders had worked previously at Zilog Corp, an integrated circuit manufacturer.
The company was founded to design and produce semiconductor circuits for specific markets instead of producing massive volumes of generic circuits as was the norm at that time. This idea presented a lower profit margin and a more complex manufacturing process and failed to attract the funding or interest necessary from traditional semiconductor manufacturers.
Today Xilinx is a top supplier of complex programmable logic devices (CPLDs) and field-programmable gate arrays (FPGAs). The company contracts with third-party manufacturers to manufacture its products. Customers include companies in the data processing, broadcast, wireless, wired, aerospace, and automotive industries.
Xilinx trades publicly on the NASDAQ under the ticker symbol XLNX, is a member of the S&P 500, is #919 in the Fortune 1000, and had $2.38 billion in revenue in 2014.