Product category: Design and Development Software
News Release from: Monterey Design Systems
Edited by the Electronicstalk Editorial Team on 15 January 2004
Record quarter for Monterey
Monterey Design Systems has closed a record quarter as a result of expanded orders from existing customers and the addition of several new accounts
The recently released Version 3.0 of the company's Calypso planning and prototyping and Dolphin physical implementation tools has prompted existing customers to broaden their adoption of Monterey and new customers to select the Monterey flow. Over 45 production licenses of Version 3.0 were shipped to new and existing customers in the fourth quarter of 2003.
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Novel technology shrinks MPEG2 codec chip die
To meet the low cost requirements of high volume markets, Toshiba turned to AFP technology to reduce the die size of its eight million gate design by 10.5%
Upgrade accelerates physical implementation system
The Dolphin physical implementation system incorporates patented Monterey Progressive Refinement technology to simultaneously optimise a design for timing, power, area and signal integrity
In addition, Monterey's continued cost cutting and associated expansion of its R and D centre in Armenia has enabled the company to achieve profitability for the first time.
Now with 100 full time employees worldwide, the company has the critical mass to drive forward at an accelerated speed with a substantially reduced cost structure.
"The combination of new products, cost reduction programs, and increased demand for our existing tools has enabled us to reach this critical milestone", said Jacques Benkoski, President and CEO of Monterey Design Systems.
Further reading
Prototyping system predicts device performance
Calypso is the industry's first silicon virtual prototyper to combine hierarchical design planning and silicon performance estimation in a single, integrated tool
Monterey's Calypso and Dolphin products have enjoyed growing acceptance in the market.
With more than 80 successful customer tapeouts, both tools have demonstrated stability, maturity and value by dramatically improving the speed and predictability of the design process.
"Monterey has done a tremendous job of navigating the deepest semiconductor recession of our lifetime.
The critical financial milestone of achieving profitability in this economic environment is unambiguous proof of Monterey's success.
This achievement sets the company on a growth path and positions it to fully benefit from the semiconductor recovery", concluded Steve Domenik, General Partner at Sevin Rosen Funds and a director on Monterey's board.
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