Arcadia plans purchase of SiliconX
Arcadia plans purchase of SiliconX
By Michael Santarini, EE Times
April 5, 2001 (7:09 p.m. EST)
URL: http://www.eetimes.com/story/OEG20010404S0065
SAN MATEO, Calif. Arcadia Design Systems Inc. (San Jose, Calif.), a design services provider, is in the process of purchasing SiliconX Inc., the struggling IC design-chain Web portal, EE Times has learned. Herman Lee, vice president of strategic planning at Arcadia, said the deal is pending Arcadia board-member approval and that "it is not the appropriate time to discus details of the acquisition." "The board members should have received our letter of intent this week, and we think it will take one or two more weeks before we send out an official statement," said Lee. Judy Owen, president and chief executive officer of SiliconX, said in previous interviews with EE Times that SiliconX had been wrongly heaped in with and drawn down by the collapse of dot-com and B2B businesses. "I don't think it has been a great mystery that we would have to merge or partner with someone to provide more value added services," said Owe n, who could not be reached for further comments. When it was launched in Spring 2000 amid the dot-com boom, SiliconX had grand and ambitious ideas of changing the way IC and system designers communicate with each other, with partners, with silicon and tool vendors and with foundries launching its Web site as a central online location for the entire IC design and manufacturing supply chain. In rough times, though, the company had apparently scaled back its big plans. Owen said in a previous interview that the company has been focusing on design and consulting services, which is a substantial change in SiliconX's business model, according to Gartner Dataquest senior software analyst Laurie Balch. "SiliconX originally had a strategy that implied it was going to branch out into several revenue-generating areas, but my understanding was most of their revenue was generated from just trying to be a portal and collecting advertising revenue, which is not going to be a successful business model i n the long run," said Balch. "SiliconX has definitely proven that, but hats off to SiliconX for finding a company willing to buy it that is certainly a lot better than collapsing into a pile of dust." And adding people to its services business seems to be what Arcadia is looking for in attempting to acquire SiliconX. "It provides us with more than just EDA expertise," said Lee. SiliconX "can help us on the high-end design services area on the system side."
Related News
- TSMC Arizona and U.S. Department of Commerce Announce up to US$6.6 Billion in Proposed CHIPS Act Direct Funding, the Company Plans Third Leading-Edge Fab in Phoenix
- Faraday Announces Plans to Develop Arm-based 64-core SoC on Intel 18A Technology
- Tachyum Books Purchase Order to Build System with 25,000x ChatGPT4 Capacity and 25x Faster than Current Supercomputers
- Arm Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional American Depositary Shares
- GBT Technologies, Inc. & Bannix Acquisition Corp. Announce Execution of Patent Purchase Agreement
Breaking News
- Omni Design Technologies Joins Intel Foundry Accelerator IP Alliance
- Efabless Announces the Release of the OpenLane 2 Development Platform, Transforming Custom Silicon Design Flows
- TSMC Reports First Quarter EPS of NT$8.70
- Brisbane Silicon publishes DPTx 1.4 IP Core
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
Most Popular
- U.S. Subsidy for TSMC Has AI Chips, Tech Leadership in Sight
- Cadence Unveils Palladium Z3 and Protium X3 Systems to Usher in a New Era of Accelerated Verification, Software Development and Digital Twins
- Zhuhai Chuangfeixin: OTP IP Based on 90nm CMOS Image Sensor Process Technology Successfully Mass Production
- Silvaco Announces Expanded Partnership with Micron Technology
- OPENEDGES Unveils ENLIGHT Pro: A High-Performance NPU IP Quadrupling its Previous Generation's Performance
E-mail This Article | Printer-Friendly Page |