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Celestica acquires design services firm CoreSim

Posted: 09 Aug 2005 ?? ?Print Version ?Bookmark and Share

Keywords:advanced design analysis? coresim?

Electronic manufacturing services provider Celestica Inc. has acquired CoreSim, a leader in advanced design analysis and redesign services.

Terms of the transaction were not disclosed.

CoreSim (Ottawa, Canada) will strengthen Celestica's design services offering by adding intellectual property, including its engineering tools and processes that enable electronic design projects to be delivered on-time and at a reduced cost.

CoreSim will enhance Celestica's design offering through its proprietary tool, Schematic Modeling, a model-based tool that identifies wiring and technology issues in schematics. Through this tool, CoreSim provides design analysis which independently verifies and validates pre-layout customer designs to assist in keeping engineering projects on-time and within budget. This approach also offers customers rapid design verification which reduces costly design respins; reduces errors in schematic capture; facilitates custom verification; and shortens the overall development process.

"CoreSim's proven track record of delivering innovative design processes and tools to the telecommunications, aerospace and defense, and enterprise markets will complement our current design services offering," said Dave Tiley, senior vice president, Global Services, Celestica, in a statement. "This acquisition will enable us to offer our customers reduced cost on redesigns, faster time-to-market on new products and assist with product design innovations."

- EE Times

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