Ten Millionth ASIC Shipped Demonstrates A Growing Need For A Fast Time to Market and Low Cost Silicon Customization Product
SANTA CLARA, Calif. - Thursday, July 31st 2014 [ME NewsWire]
(BUSINESS
WIRE)-- eASIC Corporation, a leading provider of Single Mask Adaptable
ASIC™ devices today announced that it has shipped over ten million chips
to date. The majority of the shipments are utilized in some of the
fastest growing and dynamic markets. eASIC chips can be found in a
variety of applications such as NAND Flash controllers, LTE and 3G radio
heads, mobile wireless backhaul systems plus many others.
“eASIC has
become the go-to provider for fast time to market, cost effective, mass
customization ASIC devices,” said Ronnie Vasishta, President and CEO of
eASIC. “This milestone demonstrates that the need for our product has
been building quickly and continues to expand deeply and broadly. The
alternatives that have been around for over two decades, ASIC and FPGA
are no longer able to meet the needs for many high growth applications.”
"Power
and performance are key constraints for many of today's fastest-growing
electronics markets. Cloud storage, wireless infrastructure and
solid-state/hybrid hard drives and other applications need to balance
these attributes against total cost-of-ownership and time to market,
often a very challenging high-wire act,” said Jordan Selburn, Senior
Principal Analyst at IHS. "In these type of systems, structured ASICs
are increasingly able to provide an optimal combination of qualities
outside the reach of silicon architectures such as FPGAs."
About eASIC
eASIC
is a fabless semiconductor company offering breakthrough single mask
ASIC devices aimed at dramatically reducing the overall cost and
time-to-production of customized semiconductor devices. Low-cost,
high-performance and fast-turn ASIC and System-on-Chip designs are
enabled through patented technology utilizing Via-layer customizable
routing. This innovative fabric allows eASIC to offer a new generation
of ASICs with significantly lower up-front costs than traditional ASICs.
Privately
held eASIC Corporation is headquartered in Santa Clara, California.
Investors include Khosla Ventures, Kleiner Perkins Caufield and Byers
(KPCB), Crescendo Ventures, Seagate Technology and Evergreen Partners.
For more information on eASIC please visit www.easic.com.
eASIC is a trademark of eASIC Corporation and registered in the U.S. Patent and Trademark Office.
Forward Looking Statements
This
press release contains forward-looking statements, including, without
limitation, statements related to eASIC’s future sales and distribution
of its single mask ASIC devices. Works such as “expects” and similar
expressions are intended to identify forward-looking statements. These
forward-looking statements are based upon eASIC’s current expectations.
Forward-looking statements involve risks and uncertainties. The
company’s actual results and the timing of events could differ
materially from those anticipated in such forward-looking statements as a
result of these risks and uncertainties, which include, without
limitation, economic conditions, customer business environment and
inventory levels, government and technological factors outside of our
control, adoption and roll-out of products, risks related to ability to
capitalize on growth opportunities and markets, risks related to our
ability to manage our growth and other risks that may cause our
business, industry, strategy or actual results to differ materially from
the forward-looking statements. eASIC expressly disclaims any
obligation or undertaking to release publicly any updates or revisions
to any forward-looking statements contained herein.
Contacts
eASIC Corporation
Jasbinder Bhoot, 408-855-9200
jazz@easic.com
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