Berkeley Design Automation Selected as One of the Fastest Growing Companies
in North America by Deloitte’s 2012 Technology Fast 500™
Attributes 302% Percent Revenue Growth to Technology and Outstanding Execution
SANTA CLARA, Calif. -- November 19, 2012
Berkeley Design Automation, Inc., provider of the world’s fastest nanometer
circuit verification, today announced that the company has been selected as
one of Deloitte’s 2012 Technology Fast 500™ - a ranking of the 500 fastest
growing technology, media, telecommunications, life sciences and clean
technology companies in North America.
This is the second year in a row that Berkeley Design Automation has been
selected as a Technology Fast 500™ award winner. The company is widely
recognized for its technology leadership in nanometer circuit verification via
its Analog FastSPICE™ Platform and its rapidly growing market segment share in
the electronic design automation industry.
Berkeley Design Automation’s chief executive officer, Ravi Subramanian,
credits the combination of the company’s breakthrough nanometer circuit
verification technology, worldwide customer success with this new technology,
and tremendous execution to account for the company’s revenue growth. He said,
"Being selected for the second consecutive year for the Technology Fast 500™
is a great honor for Berkeley Design Automation and demonstrates our
tremendous growth track record and market leadership. We are proud to again
share this honor with our customers. Our stellar team, innovative products,
outstanding customer focus, and execution discipline have helped ensure our
strong and consistent year-on-year revenue growth. I would like to thank our
customers for fueling this growth via the strong demand for our products.”
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of
the fastest growing technology, media, telecommunications, life sciences and
clean technology companies – both public and private - in North America.
Technology Fast 500 award winners are selected based on percentage fiscal year
revenue growth from 2007 to 2011.
In order to be eligible for Technology Fast 500 recognition, companies must
own proprietary intellectual property or technology that is sold to customers
in products that contribute to a majority of the company's operating revenues.
Companies must have base-year operating revenues of at least $50,000 USD or
CD, and current-year operating revenues of at least $5 million USD or CD.
Additionally, companies must be in business for a minimum of five years, and
be headquartered within North America.
About Berkeley Design Automation
Berkeley Design Automation, Inc. is the recognized leader in nanometer circuit
verification. The company combines the world’s fastest nanometer circuit
verification platform, Analog FastSPICE, with exceptional application
expertise to uniquely address nanometer circuit design challenges. More than
100 companies rely on Berkeley Design Automation to verify their
nanometer-scale circuits. Berkeley Design Automation has received numerous
industry awards and is widely recognized for its technology leadership and
contributions to the electronics industry. The company is privately held and
backed by Woodside Fund, Bessemer Venture Partners, Panasonic Corp., NTT
Corp., IT-Farm, and MUFJ Capital. For more information, visit
Analog FastSPICE, AFS Nano, and WaveCrave are trademarks of Berkeley Design
Automation, Inc. Berkeley Design and BDA are registered trademarks of Berkeley
Design Automation, Inc. Any other trademarks or trade names mentioned are the
property of their respective owners.
PR for Berkeley Design Automation
Cayenne Communication LLC
Michelle Clancy, 252-940-0981
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