Product category:
Design and Development Software
News Release from: Synplicity
Edited by the Electronicstalk Editorial
Team on 06 June 2007
Acquisition adds verification hardware
to software
Synplicity has signed a definitive agreement to acquire Hardi Electronics for US $24.2 million in cash.
Synplicity has signed a definitive agreement to acquire all the outstanding shares of Hardi Electronics, a leading developer of off-the-shelf ASIC prototyping boards, for US $24.2 million in cash The ASIC prototyping market is one the fastest growing segments of the EDA industry, and this acquisition makes Synplicity the leader in this part of the ASIC verification market
This article was originally published on Electronicstalk on 8 Jun 2001 at 8.00am (UK)
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Hardi's ASIC Prototyping System (HAPS) is used worldwide by industry-leading companies such as Broadcom, Conexant, LG, LSI Logic, Marvell, Matsushita, Nokia, NXP, Philips, Samsung, Sharp, Sony and TI.
Gary Meyers, CEO of Synplicity, says: "This is a major strategic move for Synplicity".
"We will be able to immediately leverage our existing ASIC verification products (Certify, Synplify Premier, Identify, and Identify Pro) by selling them together with the Hardi ASIC prototyping boards".
Further reading
Software automatically partitions FPGA designs
Synplicity has automated its Certify verification synthesis software to speed the development of FPGA-based ASIC prototypes.
Physical optimiser gets the best from FPGAs
Synplicity's FPGA logic synthesis and physical synthesis products can provide full support for the new Xilinx Integrated Software Environment (ISE) 4.1i.
"At the Design Automation Conference in San Diego, California, we will unveil our ASIC verification strategy that capitalises on this acquisition".
"We're particularly excited about 2008 when we anticipate combined revenues in excess of $80 million".
Hardi's ASIC prototyping systems work seamlessly with Synplicity's Certify and Synplify Premier synthesis products and its Identify and Identify Pro RTL debugging solutions.
ASIC verification teams can use the combined Certify, Synplify Premier and HAPS system to quickly create multi-million gate FPGA systems to verify ASIC functionality in real time while enabling comprehensive software verification with interfaces to real-world stimuli.
Synplicity's Identify and Identify Pro RTL debug products permit designers to conveniently debug these systems at the RTL level instead of with timing-consuming gate level interfaces.
"We at Hardi are excited about joining forces with Synplicity", said Lars-Eric Lundgren, founder and CEO at Hardi Electronics.
"With Synplicity's product line and the combination of our sales channels, we now have the opportunity to offer a comprehensive best-in-class solution to the ASIC design community".
"We are committed to a successful integration of our companies".
Synplicity will continue to support its world-wide customer base using FPGA prototypes built from custom-designed prototyping boards and those using off-the-shelf boards from other manufacturers through the Partners in Prototyping programme.
The acquisition is expected to close in June 2007, subject to customary conditions of closing.
Updated 2007 financial guidance will be provided in Synplicity's second quarter earnings call.
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