Product category: Design and Development Software
News Release from: Mentor Graphics UK
Edited by the Electronicstalk Editorial Team on 4 October 2004
IC design deal
suits SETsquared startups
Mentor Graphics and SETsquared have today signed an agreement which will provide IC design tools to the generation of new electronics entrepreneurs being accelerated by SETsquared
Mentor Graphics and SETsquared have today signed an agreement which will provide IC design tools to the generation of new electronics entrepreneurs being accelerated by SETsquared, which assists early stage, high growth potential technology ventures across the South of the UK. Under the agreement, tools used by many of the world's most powerful silicon design teams will be available to SETsquared's early stage entrepreneurs.
This article was originally published on Electronicstalk on 4 October 2004 at 8.00am (UK)
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The tools will initially be used at SETsquared's Swindon site, a natural hub for the IC design sector, with potential to extend provision to the other four centres - Bath, Bristol, Southampton and Surrey.
There is also scope to expand the range of tools from custom silicon design to field programmable gate array (FPGA) design and other types of tool.
SETsquared is part of the enterprise partnership between the universities of Bath, Bristol, Southampton and Surrey which recently received an unprecedented GBP 13 million from the UK Government's Higher Education Innovation Fund (HEIF), the largest single award so far made.
In the last 18 months it has helped over 200 technology entrepreneurs to raise more than GBP 6 million of initial funding.
Commented Adrian Buckley, Area Director for Mentor Graphics Western Europe: "The deal with SETsquared is a further example of our determination to be the first choice EDA tool vendor for UK startups".
"There are clusters of brilliant engineers and technically savvy management starting up all over the place and the project with SETsquared reflects our UK vision of Mentor Graphics as a kind of hub, a facilitator of alliances, IP exchanges and cross-fertilisation for electronics entrepreneurs across the silicon valleys of Europe".
Said Simon Bond, Acting Centre Director, SETsquared: "The agreement with Mentor Graphics is an important endorsement of SETsquared's credentials as a hub of IC design in Swindon".
"It will help to derisk startups and will encourage innovation-based companies to develop".
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