OneSpin Solutions Closes 2012 With Double-Digit Growth, Continued
Adoption of Formal Verification Solutions
New Round of Funding, New Business Strategy With Product Roadmap Sets
Course for Products to Be Unveiled Throughout 2013
MUNICH, GERMANY -- (Marketwire) -- 01/15/13 -- OneSpin Solutions(TM)
(www.onespin-solutions.com), provider of innovative formal
assertion-based verification (ABV) solutions, closed 2012 with
double-digit growth as adoption of its formal ABV solutions continued
for both application specific integrated circuit (ASIC) and field
programmable gate array (FPGA) designs.
In addition, co-founders Dr. Raik Brinkmann and Dominik Strasser
assumed the roles of president and chief executive officer and vice
president of engineering, respectively.
"We consider 2012 to be a year of transformation," remarks Dr.
Brinkmann. "We developed a new business strategy and focused our
attention on providing enduring solutions that enable the most
thorough and easiest-to-use logic verification software."
The new business strategy detailed a product roadmap that streamlines
the existing product lines to focus on tool solutions and sets a
course for new verification products to be unveiled throughout 2013.
With this new strategy comes the goal to continue to provide the best
return on investment (ROI) for formal verification with the lowest
technical hurdles to adoption. New and efficient design verification
solutions include structural assertion synthesis, system-on-chip
(SoC) interconnect verification, coverage closure and ABV
intellectual property (IP).
In May, OneSpin secured a round of funding from Azini Capital to grow
its business and implement the new strategy. Azini Capital outlined a
number of reasons for its investment, including the new strategy and
the professionalism of the team. It acknowledged OneSpin's
competitive tools and market opportunity to reach new verification
teams who will adopt formal verification as a means to getting their
products to market on time and within budget.
The funding enabled OneSpin to increase the size of its engineering
team and hire additional sales managers and application engineers in
North America and Europe, including new distributors in Eastern
Europe and Israel. To accommodate this rapid growth, OneSpin moved
its corporate headquarters in Germany and opened a new office in
Santa Clara, Calif.
The OneSpin Solutions Product Portfolio
OneSpin Solutions provides comprehensive formal verification
solutions for ASIC and FPGA designs to reduce verification effort and
costs and deliver high functional quality.
Semiconductor companies such as Maxim Integrated Products, Inc.,
designer of highly integrated analog and mixed-signal devices, began
integrating OneSpin formal ABV solutions into its design and
verification flows in 2012. Maxim enhanced its productivity by
deploying OneSpin 360(TM) MV software at design centers worldwide.
The OneSpin 360 MV Product Family covers the full spectrum of formal
ABV applications, from push-button automatic register transfer level
(RTL) analysis to OneSpin's unique GapFreeVerification(TM). OneSpin
360 MV accelerates a multitude of verification tasks, shortens
verification schedules and enables engineers to achieve a design
quality that cannot be ensured by any other functional verification
approach. It enables step-by-step learning, making new users
productive in days.
The OneSpin 360 Equivalence Checker is an automated verification
solution to show the functional equivalence of design
representations. It can be used standalone for full-chip
implementation design equivalence in both ASIC and FPGA flows or in
conjunction with the 360 MV Product Family to preserve design quality
through subsequent implementation and optimization phases.
About OneSpin Solutions
Electronic design automation (EDA) supplier OneSpin Solutions of
Munich, Germany, was founded in 2005 as a spin-off from Infineon
Technologies AG. It leverages more than 300 engineer-years of formal
verification technology development and application service
experience to enable design teams to avoid costly redesigns and
respins, while dramatically cutting their verification effort and
costs and time-to-market pressures. Market-leading
telecommunications, automotive, consumer electronics, and embedded
systems companies rely on OneSpin to reduce their verification effort
and achieve the industry's highest possible verification quality.
Email: email@example.com. Website:
OneSpin, OneSpin Solutions, OneSpin 360, the OneSpin logo and
GapFreeVerification are trademarks of OneSpin Solutions GmbH. All
other trademarks are the property of their respective owners.
For more information, contact:
Public Relations for OneSpin Solutions
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