Berkeley Design Automation Secures Strategic Investment by Matsushita Electric Industrial Co., Ltd.; World's Largest Consumer Electronics Company Selects Precision Circuit Analysis for Advanced Analog and RF Verification.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- Berkeley Design Automation Inc., provider of Precision Circuit Analysis(TM) technology for advanced analog and RF integrated circuits (ICs), today announced that Matsushita Electric Industrial Co., Ltd. (NYSE NYSE See: New York Stock Exchange :MC), the world's largest consumer electronics company, has made an investment in the company through its venture group based in San Jose. After assessing the company's latest technology, Panasonic joined previous investors Woodside Fund and Bessemer Ventures in the $6M Series B funding. Leading-edge consumer electronics products are driving integrated circuit technology in all dimensions -- performance, cost, integration, power consumption, and time-to-market. The analog/RF circuitry in these ICs is both the largest differentiator and the most difficult design challenge in getting them into volume production. Berkeley Design Automation's Precision Circuit Analysis technology enables designers to rapidly and accurately verify problems that otherwise would be impractical or infeasible. Using this technology, design teams save precious design time, lower risk, and deliver smaller, lower-power silicon. "We face rapid product development cycles and mass-market cost pressures in the audio, video, home, and wireless consumer products we develop," said Yoshiyuki Miyabe, Director of Corporate R&D Strategy at Matsushita Electric Industrial Co., Ltd. "Analog and RF circuits make up a significant portion of the semiconductors in these products. Today's circuit verification tools are unable to deliver the functionality, speed, and accuracy required for these aggressive consumer electronics designs." "After an extensive evaluation, we determined that Berkeley Design Automation's Precision Circuit Analysis technology presents a strategic competitive advantage to Panasonic and is critical to our success," added Dilip Sampath, Venture Partner with Panasonic. "We believe in the technology so much that we decided to invest in the company." Berkeley Design Automation will use the investment to launch its Precision Circuit Analysis technology. The company entered the market last year with PLL PLL - phase-locked loop Noise Analyzer(TM) which focused on a narrow, but notoriously difficult problem. Having proven the silicon accuracy, performance, and robustness of its technology on over 75 production designs, the company is readying itself to enter the general market to tackle a wide range of the most difficult analog/RF verification problems. "We are delighted and honored to have Matsushita Electric Industrial as an investor," said Ravi Subramanian, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. at Berkeley Design Automation. "As the world's largest consumer electronics company, Matsushita deploys some of the world's most advanced design platforms for consumer electronics IC design. This investment validates not only our technology; it also validates its positive disruptive potential in analog/RF circuit design." About Berkeley Design Automation Berkeley Design Automation Inc. is a recognized leader in advanced analog/RF verification. Its Precision Circuit Analysis technology combines the accuracy, performance, and robustness needed to verify GHz designs in nanometer-scale silicon. Berkeley Design Automation is the recipient of the 2006 Red Herring Red Herring A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company. Notes: 100 North America Award, making it the first EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. company to earn such a distinction in 5 years. Founded in 2003, the company is funded by Woodside Fund, Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. , and Matsushita Electric Industrial Co., Ltd. For more information, see http://www.berkeley-da.com. PLL Noise Analyzer, Stochastic Nonlinear Engine, and Precision Circuit Analysis are trademarks of Berkeley Design Automation, Inc. Berkeley Design is a registered trademark of Berkeley Design Automation, Inc. HSPICE is a registered trademark of Synopsys Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SNPS SNPS Space Nuclear Power System ). Spectre is a registered trademark of Cadence Design Systems (company) Cadence Design Systems - A company that sells electronic design automation software and services. http://cadence.com/. See also Verilog. Inc. (NASDAQ:CDNS CDNS Cadence Design Systems, Inc (stock symbol) CDNS Climatological Data National Summary CDNS Command Data Network System CDNS Customer and Data Network Services (Sprint) ). |
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