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TransEDA Acquires Verification IP Company
LONDON and LOS GATOS, Calif.--(BUSINESS WIRE)--Mar. 19, 2001--
TransEDA PLC today announced the acquisition of privately held
iMODL, Inc. of San Jose, California. iMODL provides high-value
verification intellectual property (IP) and system-level testbench
automation software.
Under the terms of the agreement, TransEDA paid approximately $10
million in ordinary shares of TransEDA. All full-time iMODL employees
will become employees of TransEDA following the acquisition. The
acquisition enhances the company's strategy of offering complete
design and verification solutions for electronic chip and
system-on-chip designers.
The iMODL solution increases verification productivity for chip
designers through pre-silicon validation, which automates the
development and use of a realistic system-level test environment. The
combination of robust verification IP and testbench automation enables
design groups to find design errors at the system level before
committing the chip designs to silicon.
``Verification IP is likely to become a much larger business than
design IP in the next three to five years,'' said Yatin Trivedi,
director of engineering of Intrinsix Corp. ``iMODL's overall approach
and its combination of verification IP and test automation is unique,
interesting and promising.''
``The acquisition of iMODL marks a major expansion of TransEDA's
product line and a move to offer compelling new verification solutions
at the system level,'' said Ellis Smith, chief executive officer of
TransEDA. ``It also positions TransEDA as a leader in the growing
verification IP market.''
The iMODL pre-silicon validation solution is based on the concept
of modeling the system around the chip being verified, stressing the
design with realistic traffic scenarios and automatically checking for
errors. It enables the design team to verify the design by observing
the interactions between the custom silicon and the other components
that will be in the complete system. This speeds time-to-market by
finding system-level bugs before tape out and eliminating silicon
re-spins. The verification IP further reduces verification time by
removing the need to create custom models for the major components in
the system.
``The combination of the technologies and capabilities of the two
companies make for some very exciting solutions to address the growing
functional verification problem that our customers are facing,''
commented Alakesh Chetia, President and CEO of iMODL who will assume a
senior management role within TransEDA.
The iMODL solution fits into customers' existing verification
environments without requiring methodology changes or learning new,
proprietary languages. A production-proven verification IP library
currently includes bus functional models and protocol checkers for
McKinley, Foster, Itanium, Pentium 4, Pentium III, Pentium II, and
Pentium Pro microprocessors from Intel; processors from MIPS; and
monitors and agents for PCI, PCI-X and other standard buses. These
models, bus monitors and agents work in conjunction with the
system-level testbench automation tool, iControl, to provide a
realistic system-level environment in which to verify the design under
test.
iMODL customers include Bull, Fujitsu, Hewlett Packard, Hitachi,
IBM, NEC, ServerWorks, Siemens-Nixdorf, SGI, Unisys and other
electronic system design companies.
About TransEDA
TransEDA PLC develops and markets design verification solutions
that perform configurable HDL checking, coverage analysis, test suite
analysis and FSM analysis for electronic integrated circuits (ICs) and
systems on a chip (SoC). TransEDA's customers include 18 of the top 20
semiconductor vendors. For more information, contact TransEDA at 985
University Avenue, Los Gatos, California 95032, telephone
408/335-1300, fax 408/335-1319, email info@transeda.com, or visit
http://www.transeda.com.
All trademarks are the property of their respective owners and
should be treated as such.
Contact:
TransEDA
Tom Borgstrom, 408/335-1303
tom.borgstrom@transeda.com
or
Cayenne Communication
Michelle Clancy, 252/940-0981
michelle.clancy@cayennecom.com
or
PentaCom
Sharon Graves, +44 1242 525205
sharon.graves@btinternet.com
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