Cygnal Integrated Products Acquires SiLogiX
Thursday, September 14, 2000, 9:00AM EST - AUSTIN, TX -- Cygnal Integrated Products, Inc. announces the acquisition of SiLogiX, LLC, a premier IP provider. "We are very excited about the SiLogiX team joining us," said Douglas Holberg, V.P. of Engineering and C.T.O. of Cygnal. "We started working with them last year as they developed our 8051-compatible core. They did a superb job of providing us with the highest-performance 8051 on the market today. It was clear to us, as our relationship developed, that we should join together to continue the building of a world-class IC company."
The acquisition of SiLogiX will enhance Cygnal?s SOC methodology, design reuse, and high-speed processor design capabilities. "It?s a great fit," said Tom David, former President of SiLogiX. "Our skills and IP portfolio are a perfect complement to Cygnal?s product roadmap."
"We have a great plan, a great market, and a fabulous engineering team augmented by the SiLogiX acquisition," added Derrell Coker, President of Cygnal.
Founded in March 1999, Cygnal Integrated Products, Inc. of Austin, TX designs, manufactures and markets field-programmable, mixed signal System-on-Chip products and associated support tools. These products embody the Company?s considerable technical skills integrating world-class analog, high-speed digital and FLASH memory functions into a single device with "no-compromises." The combination of mixed-signal integration and field programmability benefit the user with higher component integration, greater design flexibility, faster time-to-market, superior system performance and greater end product differentiation. Cygnal products are application solutions addressing a broad range of markets including communications systems, industrial equipment and consumer products. The Company?s worldwide sales force consists of a network of field application engineers and manufacturer?s representatives. Technical information is available and orders are accepted at the Company?s e-commerce site at www.cygnal.com. Products may be purchased in any quantity, either by purchase order (invoiced shipments) or by credit card. Cygnal is backed with over $15M in venture capital funding from several companies including Austin Ventures, JatoTech Ventures, Cirrus Logic, Sanyo Semiconductor plus other well known venture and private investors.
About SiLogiX, LLC
SiLogiX develops silicon intellectual property (IP) cores for the semiconductor and electronics markets. SiLogiX IP cores are re-usable design blocks that can be included in large system-on-a-chip (SOC) or ASIC designs, reducing development time and cost. SiLogiX licenses these designs to semiconductor companies, electronic systems companies, ASIC developers, and semiconductor foundries. SiLogiX also provides a full range of IC design services, from specific design consulting tasks to complete full-custom chip developments. Founded in 1997, SiLogiX is a privately funded company headquartered in Austin, Texas.
Contact: Don Alfano, V. P. Marketing, 512-327-7088 x205, firstname.lastname@example.org
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