TransEDA is in winding down discussions

Peter Clarke, EE Times
(06/27/2006 7:39 AM EDT)

LONDON — TransEDA, a U.K. company that pioneered code coverage tools for hardware description languages before being acquired by French company Valiosys SA in 2003, is in trouble again and looks set to close.

When asked if the company had shut its doors, a source close to the company who spoke on condition of anonymity, said: "It has happened. You are not wrong. The company is trying to arrange a sale of assets." The source said the company closed at the beginning of June and that since then the company has been talking to interested third parties.

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