Product category:
Design and Development Hardware
News Release from: Nallatech
Edited by the Electronicstalk Editorial
Team on 11 May 2004
FPGA specialist clocks up a decade
Nallatech has just crowned a year of sales growth and inward investment with a celebration of its tenth anniversary.
Nallatech has just crowned a year of sales growth and inward investment with a celebration of its tenth anniversary Jim Wallace, Minister for Enterprise and Life Long Learning, and Jack Perry, CEO of Scottish Enterprise, visited the company at its Cumbernauld headquarters last week to mark the occasion
This article was originally published on Electronicstalk on 26 Apr 2001 at 8.00am (UK)
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Deputy First Minister and Enterprise Minister Jim Wallace said: "Nallatech is a tremendous example of a Scottish company competing successfully on a global basis.
It is exactly this type of innovation and success that are crucial to a strong and dynamic economy, and companies like this are proof of what we can achieve.
I am delighted that the Executive has been able to play a role in Nallatech's success story, through our RSA, Smart and Spurplus grant support schemes.
Scotland can be proud of their achievement, and hope that other Scottish firms follow their lead".
Jack Perry added: "Nallatech has shown great innovation since the company started out ten years ago.
Their commitment to both business and skills development has resulted in a successful move into international markets where they are now reaping the benefits.
Scottish Enterprise is committed to working in partnership to help create more businesses of scale by supporting Scottish companies with the potential for high growth.
In my opinion, one of the best ways to increase competitiveness, achieve faster growth in revenues and profit and improve a company's supply chain, is to engage in new international markets".
Allan Cantle, President and CEO of Nallatech said: "On our tenth anniversary, we look to the future with a great deal of confidence.
We successfully grew by 50% in the difficult year of 2002-03, our technologies are being applied by an established base of internationally recognised leaders in telecommunications, defence and imaging, and we are in a position to build on this position as we open offices in key technology locations such as San Jose, staffed by experienced professionals in these markets".
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