Synplicity Extends Leadership Position in the FPGA Synthesis Market; Latest Data Makes Synplicity the FPGA Synthesis Market Share Leader for the Fifth Consecutive Year
SUNNYVALE, Calif.—(BUSINESS WIRE)—Dec. 29, 2005—
Synplicity, Inc. (Nasdaq: SYNP), a leading supplier of
software for the design and verification of semiconductors, today
announced the company grew its worldwide FPGA synthesis market share
lead in 2004 by 9 percentage points over 2003, according to Gartner
Inc., the leading provider of research and analysis on the global
information technology industry. In Gartner's recently released 2005
EDA Market Trends report, Synplicity's share of the FPGA synthesis
market was 67 percent based on 2004 license and maintenance revenue,
compared to 58 percent in 2003. Synplicity has now held the top spot
for FPGA synthesis for five consecutive years.
According to Gartner, Synplicity's share of the FPGA synthesis
market has grown from 45 percent in 2000 to 67 percent in 2004.
Synplicity attributes this rapid growth to its emphasis on product
innovation, quality of results, close relationships with the silicon
vendors, its focus on customer satisfaction, and its direct worldwide
sales and application engineering teams.
"With today's FPGAs rapidly increasing in size and complexity, a
premium is placed on advanced tools that enable design teams to
quickly deliver outstanding results," said Gary Meyers, president and
CEO of Synplicity. "Through our long-standing and close partnerships
with the silicon vendors, we provide our customers with leading-edge
design solutions. This, combined with our consistent delivery of
innovative solutions that accelerate our customers' time to market and
our investment in a worldwide direct channel that understands the
challenges our customers face, allows us to establish and maintain our
dominant position in the FPGA synthesis market. Moving forward, we
expect the overall FPGA market to continue to grow and believe we are
well positioned to meet the increased demand for tools that enable
designers to meet their cost, time-to-market and performance goals."
Dataquest's annual market share and forecast report titled,
"Market Trends: Electronic Design Automation, Worldwide, 2005,"(1) was
compiled using a variety of data sources including Gartner's research,
EDA vendor-submitted responses and detailed end-user surveys.
Synplicity's leadership position was based on 2004 license and
maintenance revenues for Synplicity's FPGA synthesis products
including Synplify(R), Synplify Pro(R) and Amplify(R) FPGA synthesis
solutions.
About Synplicity's FPGA Synthesis Solutions
Synplicity's FPGA synthesis solutions help programmable logic
designers rapidly achieve aggressive performance objectives. The
software takes designs written in VHDL or Verilog as input, and
compiles, optimizes and maps them into efficient, high-performance
netlists for all leading CPLD and FPGA devices. Synplicity's family of
FPGA synthesis solutions includes the Synplify software, Synplify Pro
logic synthesis software and the Synplify Premier physical synthesis
software. The Synplify Pro software is the industry's most widely used
FPGA synthesis solution, utilizing a true timing-driven approach to
synthesis. The software delivers the performance needed to meet a
design's timing requirements and then optimizes the circuit for area,
saving significantly on chip cost. The Synplify Premier solution
builds upon Synplicity's industry-leading synthesis technology and
adds new graph-based physical synthesis and real-time, simulator-like
visibility into operating FPGA devices. Graph-based physical synthesis
provides rapid timing closure and a 5-20 percent timing improvement.
About Synplicity
Synplicity(R), Inc. (Nasdaq: SYNP) is a leading supplier of
innovative software solutions that enable the rapid and effective
design of complex, high-performance semiconductors. Synplicity's tools
provide outstanding performance, cost and time-to-market benefits by
simplifying, improving and automating key design planning, logic
synthesis, physical synthesis and verification functions for FPGA,
DSP, ASIC prototyping, structured/platform ASIC and cell-based ASIC
designers. Synplicity is the first company to deliver customized
physical synthesis, analysis and floorplanning solutions for today's
leading structured/platform ASICs. In addition, the company is the
number one supplier of FPGA synthesis solutions and has been rated #1
in customer satisfaction in 2004 and 2005 in EE Times' Annual FPGA
Customer Survey. Synplicity's products support industry-standard
design languages (VHDL and Verilog) and run on popular platforms. The
company employs over 300 people in over 20 facilities worldwide and is
headquartered in Sunnyvale, California. For more information visit
http://www.synplicity.com.
Forward-Looking Statement
This press release contains forward-looking statements regarding
the continued growth of the FPGA synthesis market, our market share
and the positioning of our products. These statements relate to future
events and involve known and unknown risks, uncertainties and other
factors that may cause Synplicity's actual financial results, levels
of activity, performance or achievements to differ materially from
those expressed or implied by the forward-looking statements. In some
cases, you will be able to identify forward-looking statements by
terminology such as "may," "will," "should," "expects," "plans,"
"anticipates," "believes," "estimates," "predicts," "potential,"
"continue" or the negative of these terms or other comparable
terminology. Forward-looking statements are only predictions and the
actual events or results may differ materially. Synplicity cannot
provide any assurance that its future results will meet expectations.
Synplicity's future results could differ materially due to a number of
factors, including Synplicity's continued progress in establishing
strategic relationships with third parties to support its FPGA
products, continued acceptance of and demand for Synplicity's existing
FPGA products and the changing technical requirements in the FPGA
market. For additional information and considerations regarding the
risks faced by Synplicity, see its annual report on Form 10-K for the
year ended December 31, 2004 as filed with the Securities and Exchange
Commission, as well as other periodic reports filed with the SEC from
time to time including its quarterly reports on Form 10-Q. Although
Synplicity believes that the expectations reflected in the
forward-looking statements are reasonable, Synplicity cannot guarantee
future results, levels of activity, performance or achievements. In
addition, neither Synplicity nor any other person assumes
responsibility for the accuracy and completeness of these
forward-looking statements. Synplicity disclaims any obligation to
update information contained in any forward-looking statement.
(1) "Market Trends: Electronic Design Automation, Worldwide,
2005." Published December 5, 2005. Authors Gary Smith, Daya Nadamuni,
Laurie Balch and Nancy Wu. 2005 Gartner Inc. and/or its Affiliates.
All Rights Reserved
Synplicity, Amplify, Synplify and Synplify Pro are registered
trademarks of Synplicity, Inc. All other brands or products are the
trademarks or registered trademarks of their owners.
Contact:
Synplicity, Inc.
Jeff Garrison, 408-215-6000 (Readers)
Email Contact
or
Porter Novelli
Steve Gabriel, 408-369-4600 ext. 627 (Press)
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