SAN JOSE, Calif. – March 10, 2014 – Calypto® Design Systems, Inc., a leader in low-power RTL design and C-based design and verification, today announced the biggest revenue year in the history of the company for its fiscal year ending January 31st, 2014.
The record revenue achievement in 2013 was powered by solid business in the fourth quarter, which closed as the largest bookings quarter in the company’s history. In 2013, Calypto continued to see very strong momentum from 2012 with additional large deals from prominent electronic product system companies, both new and existing customers, which anchored the new revenue and bookings records.
“We are starting 2014 in a great position in terms of cash and bookings, and the company continues to execute on a strong growth plan across all geographical regions,” said Sanjiv Kaul, President and CEO at Calypto. “Looking ahead, there are exciting new products on the horizon that will launch in 2014, and customers who are eager to get their hands on them.”
About Calypto’s Products
Catapult high-level synthesis, SLEC® (Sequential Logic Equivalence Checking) and PowerPro platforms are used to design, verify and optimize complex ASIC and FPGA designs by seven out of the top ten semiconductor companies and over 100 leading consumer electronics companies worldwide. Calypto’s products enable engineers to dramatically improve design quality and reduce power consumption of their SoC while significantly reducing overall design and verification time.
Calypto® Design Systems, Inc. is the leader in ESL hardware design and RTL power optimization. Calypto, whose customers include Fortune 500 companies worldwide, is a member of the ARM Connected Community, Cadence Connections program, the IEEE‐SA, Synopsys SystemVerilog Catalyst Program, the Mentor Graphics OpenDoor program, Si2 and is an active participant in the Power Forward Initiative. Calypto has offices in Europe, India, Japan and North America.
Catapult, Calypto, PowerPro and SLEC are registered trademarks of Calypto Design Systems Inc. All other trademarks are property of their respective owners.
# # #