US technology firm Xilinx said its sales reached a record in its last fiscal year, rising 29 per cent compared to the previous 12-month period.

The US multinational, which has its European headquarters in Dublin, said sales reached $2.37 billion in fiscal year 2011, while net income rose by 80 per cent to $641.9 million.

The company, which employs 250 people in Dublin, said it recorded $587.9 million in sales in its fourth quarter of the year, a 4 per cent rise on the previous quarter and an 11 per cent gain on the figure recorded in the same period in 2010. Net income for the three-month period was $160.1 million, or 59 cents per diluted share.

Xilinx chief executive Moshe Gavrielov said he was pleased with the results.

"Record sales and continued fiscal discipline contributed to significant improvements in our profitability," he said, promising "game changing product strategy" in 2012.

Looking ahead to its June quarter, the company expects sales to be in the region of flat to up 4 per cent quarter on quarter. It is anticpating operating expenses of about $206 million, including $2 million of amortisation of acquisition-related intangibles.