CIMdata PLM Industry Summary Online Archive

27 December 2006

Company News

OneSpin Solutions Establishes Key Operations in U.S

Responding to increasing demand in the U.S. for its formal verification solutions, OneSpin Solutions announced it has established a sales, marketing and field applications engineering office in Sunnyvale, California. The new office - opened December 1 - marks the next phase in the company's worldwide expansion. OneSpin is the first and currently only Electronic Design Automation (EDA) company to provide a functional register transfer-level (RTL) verification solution that enables a true functional sign-off for complex digital modules and intellectual property (IP); it efficiently detects all functional errors in the RTL, saving companies millions of dollars in re-design and re-spin costs and speeding their time to market.

OneSpin's founder, Chief Technology Officer and Managing Director Wolfram Büttner commented, "We have seen significant demand for our formal verification solutions in the U.S. market - from IP, SoC and processor companies. Co-locating our operations in Silicon Valley enables us to provide expert verification support and services at the customer site to speed adoption of our verification solutions. In addition, U.S.-based support is a mandatory requirement by our customers in the defense industry. Establishing a significant U.S. presence is the next logical step in our business development."

OneSpin Solutions provides electronic design automation (EDA) methodologies, tools and services for fundamental verification tasks at transaction, RT and gate levels. OneSpin's patented formal verification technology builds on 250 engineer-years of innovation and development, and has been field-proven on hundreds of complex designs to increase the quality of results, while reducing the cost and time to results. Market-leading consumer, telecommunications, automotive, computer, and embedded system companies rely on OneSpin's technology to achieve true functional sign-off for their complex subsystems, processors and peripherals, and to preserve this quality level through subsequent design phases. Privately held, OneSpin was founded in 2005 and has offices in Munich, Germany and Sunnyvale, Calif. For further information please visit http://www.onespin-solutions.com/ or email info@onespin-solutions.com , or contact the local offices at Theresienhoehe 12, 80339 Munich, Germany, Phone: +49 89 99013 0, Fax: +49 89 99013 400; and 1275 Orleans Drive, Sunnyvale, CA 94089, Phone: 408.470.4970, Fax: 408.904.7515.

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