Profit at Irish unit of tech giant Xilinx slides 25%

Profits at the Irish arm of US technology giant Xilinx fell last year 25% to $20.6m (€18.4m).

According to accounts recently filed by Xilinx Ireland, pre-tax profits at the Dublin-based firm decreased as revenues decreased 4.5% to $525.3m in the 12 months to the end of the end of March.

Xilinx established its Dublin base for its European, Middle East and African markets in 1995 and numbers employed at its Irish base last year rose from 233 to 244.