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Synplicity acquires Swedish ASIC prototyping firm

Posted: 05 Jun 2007 ?? ?Print Version ?Bookmark and Share

Keywords:ASIC prototyping? Swedish firm? ASIC prototyping specialist?

Synplicity Inc. is acquiring Hardi Electronics AB, the Swedish FPGA-based ASIC prototyping specialist, for $24.2 million in cash. The deal is expected to close later this month, subject to regulatory approval.

Founded in 1987, the majority of the shares in Hardi is owned by its founders with the Swedish investor Malmohus Invest having a minority stake.

Hardi's ASIC Prototyping System (HAPS) is used by companies such as NXP, Nokia, Philips, TI, Samsung, Broadcom, Conexant, LG, LSI Logic, Marvell, Matsushita, Sharp and Sony.

In April this year, the company released its fourth generation of HAPS-50, a family of motherboards based on the largest FPGA available today, the Xilinx Virtex-5 LX330. Hardi said the system would help ASIC designers to verify their designs with better performance and larger capacity than previous versions or other prototyping systems.

Gary Meyers, CEO of Synplicity, said the deal would strengthen the company's ASIC verification strategy: "This is a major strategic move for Synplicity. We will be able to immediately leverage our existing ASIC verification products by selling them together with the Hardi ASIC prototyping boards."

Meyers added the company plans to unveil its ASIC verification strategy that capitalizes on the acquisition at the Design Automation Conference in San Diego, California. "We are particularly excited about 2008 when we anticipate combined revenues in excess of $80 million," said Meyers.

Lars-Eric Lundgren, founder and CEO of Hardi, said in a statement June 1: "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."

Hardi's ASIC prototyping systems work seamlessly with Synplicity's Certify and Synplify Premier synthesis products and its Identify and Identify Pro RTL debugging systems.

- Mike Clendenin
EE Times

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