Open side-bar Menu
 What's PR got to do with it?

Posts Tagged ‘Finance’

Predictions 2014: Angel Orrantia, of VC SKTA Innopartners, on the revitalized semiconductor ecosystem.

Sunday, January 19th, 2014

 

Next up in our series of 2014 forecasts we have the sage predictions of Angel Orrantia, Business Development Director at SKTA Innopartners LLC….

 

 

“Aside from some massive players, the rest of the chip industry has been forced to adopt capital light business models.  Simultaneously, we’re seeing the mask costs making advanced nodes prohibitively expensive.

(more…)

How to become venturable

Tuesday, September 17th, 2013

 

Are you thinking of starting a hardware company?  Although it takes a lot more for a hardware startup to become “venturable” than a software startup, viable funding can be found.

Ilgiz Akhmetshin, of SKTA Innopartners details several ways for hardware startups to raise additional funds in his blog:  “How to Raise Seed Investments for a Hardware Startup.”

 

 

 

 

Lee PR does work for SKTA Innopartners.

 

KNTV talks to EDA firm re startups in Silicon Valley

Monday, May 27th, 2013

KNTV, the Bay Area NBC affiliate, covered a story this past Friday on how Silicon Valley is the nation’s mecca for startups.  KNTV reporter Scott Budman contends that Silicon Valley is stretching its borders north to Oakland.  Really?

According to a survey conducted by the National Venture Capital Association, San Francisco is the nation’s hottest city for tech startups, with San Jose coming in second. Oakland is ranked at No. 11.

As part of this story, Budman interviews San Jose EDA firm, Atrenta, pointing to Atrenta as a typical Silicon Valley startup.

Check it out:

 

http://www.nbcbayarea.com/news/local/Oakland-a-Hot-Tech-Startup-Hub-208709051.html

(more…)

NextOp and Springsoft…..Mike Demler wraps it up for us

Wednesday, August 8th, 2012

We’ve heard from Jim Hogan and Gary Smith on recent acquisitions.  Now industry analyst Mike Demler weighs in.

Ed:   What does the Atrenta acquisition of NextOp and the Synopsys acquisition of Springsoft mean to EDA?

Mike:  It probably goes without saying that these two acquisitions are very different, both in their objectives and impact on the industry. The bottom line on the NextOp acquisition is that it represents strategic maneuvering by Atrenta as they attempt to emerge from their 10-year gestation period, which is generally the limit for VC-funded startups. I provide a more detailed analysis in an Analysis Brief, which is available from the EE Daily News.

The Synopsys-Springsoft acquisition may finally fill the hole in analog/custom implementation that Synopsys has had. When the Laker tools came on the landscape, they immediately gave Cadence some competition for Virtuoso. Synopsys has never been able to accomplish that with Galaxy Custom Designer, nor its predecessor (Cosmos).

Ed:  What sort of new day does it herald for EDA?

Mike:  As far as meaning to the EDA industry overall, again there are two different answers. For Atrenta-NextOp, this serves as a bellwether for the entire group of ~10-year old EDA startups. What are their exit strategies?

For Synopsys-Springsoft, the answer is more complex, and goes beyond the immediate impact in the analog/custom design space. With ~$1B in acquisitions in less than a year, Synopsys is looking more and more like a huge EDA conglomerate. They are separating themselves further from the 2nd and 3rd place companies, at least in terms of size. The industry dynamics will inevitably change as a result.

Ed:  What’s the significance?

Mike:  In a nutshell – the EDA industry continues to shrink. Acquisitions mean lost jobs. With 10-years or more now the norm to grow an EDA company, other industries look more attractive, both for capital investment and for skilled engineers.

 

 

Lee PR does work for Atrenta

Gary Smith on NextOp, now Springsoft

Tuesday, August 7th, 2012

Yesterday we heard from Jim Hogan on the NextOp acquisition.  Today Gary Smith chimes in on NextOp and the recent Springsoft buyout.

Ed:  What do the Atrenta acquisition of NextOp and the Synopsys acquisition of Springsoft mean to EDA?

Gary:  Technology wise the Atrenta acquisition means that the Silicon Virtual Prototype is becoming a reality.  Business wise it could be the start of the roll-up in the middle.

Springsoft was always a possible roller-upper but generally thought of as a long shot because of theirTaiwanheadquarters.  Springsoft certainly makes Synopsys stronger, especially with the Laker analog product, but doesn’t affect the SVP or the RTL sign-off tool market.  Debug is just being rolled up into the simulator.

Ed:  What sort of new day does it herald for EDA?

Gary:  With the creation of the SVP we now have the RTL sign-off established. This then is the breakpoint between design and implementation, just as the gate-level netlist was in the past.  This will free up a large group of designers, and enable a new larger group of designers, which in-turn will cause the explosion of new systems development.

Ed: What’s the significance?

Gary:  Growth, opportunity, money; the usual stuff.

 

 

 

 

Lee PR does work for Atrenta

 

 

 

Hogan on Atrenta’s grab

Monday, August 6th, 2012

 

We’ve seen several acquisitions in the past month or so…and wanted to get a sense of what these purchases might or might not indicate about where EDA is going.   So we went to the premier visionary and investor to get his take on how the EDA world will be affected by this apparent consolidation.

Ed:  What do these acquisitions over the past month or so mean to EDA?

Jim:    I like the Atrenta NextOp acquisition for several of points of view.  In my world mergers are successful in EDA if:

1. there is no product overlap

2. the sales channel can immediately sell the product.  Usually this means that the AEs support it or at least will be product within 30 days of purchase.

There is a ton of synergy with the Atrenta sales channel. This is important to ensure the ROI is met, typically a two to three year process.

3. customers support the merger.  In other words, they see that the product is going to be continued to be supported with R&D and AEs.

4. the team remains at least two years to ensure intellectual property transition. In the case of Atrenta and NextOp,  I believe all conditions are being met.  Thus I expect a successful integration of NextOp and ROI.

In addition it speaks to Atrenta’s forward progress to being an IPO candidate.  One issue for EDA is that companies exiting over the last ten years have been through acquisition.     If we can see an IPO of a well-run and well-performing company, it attracts the attention of shareholders but also ensures an exit other than acquisition for other EDA companies. This will attract investors and thus we’ll see startups funded.  This is a win-win for the entire ecosphere including customers.

I believe one of the key ingredients in an EDA company going public  besides top line revenue of greater than $50m with 25% CAGR and margin of $10m or greater  is the ability of the management team to acquire and integrate complementary startups.  With Atrenta acquiring NextOp, I believe they are on their way.

Good luck to them because their IPO will be good for EDA by bringing excitement and notice to the sector.

 

 

 

Lee PR does work for Atrenta

 

The dawn of a new business day for EDA?

Monday, July 30th, 2012

Mike Gianfagna, VP of Corporate Marketing

 

 

 

 

 

With Atrenta’s acquisition of NextOp concluded and the corporate and technology integration going forward, we checked in with Atrenta’s Mike Gianfagna about what this means for the industry.   Dawn of a new business day for EDA?

 

Ed:  It’s been about a month now since Atrenta bought NextOp.   What has to happen now?

Mike:  The fanfare is waning.  The news has been reported and analyzed.  The two company’s web sites are one. And now the real work begins as we integrate NextOp technology with Atrenta technology.

Ed:   So what does all this mean?

Mike:  For Atrenta, it means accelerated growth in the SoC Realization market. We can now address design and verification challenges at RTL and above. For our customers, this will mean improved schedule predictability and lower cost.

Ed:   So now you add functional verification to the RTL platform for SoC design, right?

Mike:   Actually, NextOp’s technology goes beyond functional verification of SoCs.  It also helps with IP qualification and IP reuse – very important focus areas for Atrenta. This technology will improve the completeness and effectiveness of our IP Kit.

Customers will get the previous benefits of early analysis coupled with  functional verification – an area that continues to be very time consuming, expensive and somewhat unpredictable.

Ed:  So what does this mean to the EDA industry?

Mike:   I hope it has a positive impact on the industry as well. EDA has been stagnant for too long. The same customers buying the same tools from the same vendors. It’s time to shake things up a bit.  It’s time for new methodologies, new approaches, new business models and more positive exits for all those hard-working people at private EDA companies.  Can Atrenta’s acquisition of NextOp contribute to this trend in some meaningful way?  I certainly hope so.

 

NOTE:  Lee PR does work for Atrenta.

ICScape got $28M funding, exhibits for first time at DAC

Friday, May 25th, 2012

 

Named by industry observers as “the biggest EDA company you’ve never heard of” and “a rare and endangered species” of EDA companies, ICScape will bolt out of stealth mode to exhibit at DAC for the first time.

Founded in 2005 by Steve Yang and Jason Xing, the company’s been busy over the last year.  How?  Merging with analog EDA vendor Huada Empyrean Software (HES), getting that US$28M infusion to fund global R&D, customer support and sales expansion, and working on OpenAccess-based product lines that we’ll probably see in some integrated form toward the end of 2012.

ICScape’s booth will greet attendees right at the entrance to the exhibit floor, in Booth 1602.   The company’s executives will be there to:

1)  talk about its technology,

2)  introduce current customers (a major silicon valley Fabless IC company and a major Silicon Valley analog device company) who will also be available at the booth to share firsthand experience,…..and

3)  ensure that ICScape will be one of the EDA names that all of you will have heard of.

See what Paul McLellan,  Mike Demler and  Brian Bailey have to say about ICScape:

http://www.semiwiki.com/forum/content/1248-biggest-eda-company-you-ve-never-heard.html

http://www.eedailynews.com/2012/05/examining-rare-and-endangered-species.html

http://www.eetimes.com/electronics-blogs/other/4372423/New-Companies-exhibiting-at-DAC—ICScape

See you at DAC!

 

——————-

Note:  Lee PR does work for ICScape.

Predictions 2012 – Barr on Big…Semi, Foundry, EDA

Wednesday, February 1st, 2012

In 2012, we’ll see tablets and smartphones changing the world.  That’s another way of saying Apple’s moves will have huge implications in semiconductors, foundries and EDA.

Apple’s use of the Samsung foundry has started an arms race between Samsung, TSMC and Global Foundries.  Samsung is ramping up to meet the capabilities and capacity of TSMC.  Intel is being pushed to stay ahead technologically and to consider new business models. Global Foundries continues to work to ramp its yields.

This situation will be good for semiconductor equipment and EDA vendors as well.  Their tools will facilitate the new processes and the link between design and manufacturing.

Another element: in 2012, we’ll see the supply chain continue to consolidate. Why?  The cost to design a complex SoC requires a big budget and a big market opportunity.  Only the largest of semiconductor companies can tackle these designs.  This increasing cost helps the FPGA vendors.

The foundries face increasing technology and capital requirements to move to new process nodes.  Only a few will make it.

The public markets have been closed to EDA companies for a number of years making acquisition the most likely exit for EDA startups.  Apache chose to be acquired by Ansys in 2011.  It has been difficult for a new, large EDA competitor to emerge.  This bodes well for Big EDA in its negotiations with Big Foundry and Big Semiconductor.  In 2012 I believe there are several EDA companies poised to go public.

Who will be the beneficiary of these changes in 2012?  Apple.  Consumers should also benefit as new, leading edge fab capacity will be used to make exciting new devices.

John Barr
Portfolio Manager
Needham Aggressive Growth Fund
Needham Growth Fund

445 Park Avenue
New York, NY  10022
(212) 705-0462

 

CST Webinar Series



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy