SUNNYVALE, Calif., 3 April 2006. Synplicity Inc., supplier of software for the design and verification of semiconductors, plans to re-focus its R&D investment and personnel on strategic growth opportunities in FPGA implementation and ASIC verification.
"While we continue to see growth potential in the structured ASIC market, we see a greater return in our FPGA implementation, ESL synthesis for DSP, and ASIC verification products," says Gary Meyers, Synplicity's CEO and president. "Our decision is to withdraw from the cell-based and structured ASIC markets, while we continue to support our existing customers and honor our ongoing obligations with Fujitsu Microelectronics, LSI Logic, and NEC Electronics."
The Company will discuss this decision in more detail and will provide updated 2006 financial guidance during its upcoming Q1 2006 earnings conference call.
Synplicity Inc. is a supplier of software solutions that enable the design of Programmable Logic Devices (FPGAs, PLDs and CPLDs) that serve a wide range of communications, military/aerospace, consumer, semiconductor, computer, and other electronic systems markets.
