He succeeds Willem Roelandts, who remains chairman of the board at the FPGA house. Roelandts recently announced plans to step down from those roles.

Gavrielov becomes only the third Xilinx CEO in its 24-year history. Most recently, he served as executive vice president and general manager of the verification division at EDA tool supplier Cadence. Before that, Gavrielov spent seven years as CEO of Verisity Ltd.

"Moshe has an excellent track record in building semiconductor and software businesses, applying an outstanding blend of strategic, analytic, business and leadership skills," said Roelandts in a statement.

The new CEO faces several challenges, including a cloudy IC climate in 2008. There is also a concern about the overall growth of the FPGA market this year.

Xilinx, based here, recently released its business update for the December quarter of fiscal 2008. December quarter sales are expected to be up 2-to-6 percent, sequentially, consistent with the company's previous guidance.

The FPGA giant announced net revenues of $444.9 million in the second quarter of fiscal 2008, flat sequentially with the prior quarter and down 5 percent compared to the same quarter a year ago.

Second quarter net income was $89.7 million, or $0.30 per diluted share. This is a 6 percent jump quarter-over-quarter, but down 4 percent from a year ago.

By: DocMemory
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