eASIC Joins the OpenPOWER Foundation to Offer Custom-designed Accelerator Chips

Santa Clara, CA – May 4, 2016 – eASIC® Corporation (@easic), a fabless semiconductor company that delivers a custom integrated circuit (IC) platform (eASIC Platform) today announced it has joined the OpenPOWER Foundation, an open development community based on the POWER microprocessor architecture.

eASIC joins a growing roster of technology organizations working collaboratively to build advanced server, networking, storage and acceleration technology as well as industry leading open source software aimed at delivering more choice, control and flexibility to developers of next-generation, hyperscale and cloud data centers. The group makes POWER hardware and software available to open development for the first time, as well as making POWER intellectual property licensable to others, greatly expanding the ecosystem of innovators on the platform.

eASIC will offer their latest generation eASIC Nextreme-3 Platform to enable custom-designed co-processor/accelerator solutions in applications like searching, pattern-matching, signal and image processing, encryption, etc.

“The architecture of eASIC Platform lends itself to building processing elements that work in parallel to provide a high performance fabric for the implementation of Deep Learning algorithms and workload acceleration” said Jasbinder Bhoot vice president, worldwide sales and marketing at eASIC Corporation. “Couple that with the low-power footprint and the versatility of configuration options, our offerings allow for highly efficient performance per watt co-processor implementations compared to GPUs and FPGAs”.

“The collaborative innovation that takes place within the OpenPOWER Foundation represents a new model for design and development around processor technology,” said Calista Redmond, President of the OpenPOWER Foundation. “Taking the POWER architecture, which was designed for Big Data and Cloud, and combining it with technology from new OpenPOWER members like eASIC enables differentiated offerings that will capitalize on today’s emerging workloads.”

About eASIC

eASIC is a semiconductor company offering a differentiated solution that enables us to rapidly and cost-effectively deliver custom ICs, creating value for our customers’ hardware and software systems. Our eASIC solution consists of our eASIC platform which incorporates a versatile, pre-defined and reusable base array and customizable single-mask layer, our ASICs, delivered using either our easicopy or standard ASIC methodologies, and our proprietary design tools.

We believe this innovative technology allows eASIC to offer the optimal combination of fast time-to-market, high performance, low power consumption, low development cost and low unit cost for our customers. eASIC Corporation is headquartered in Santa Clara, California. Investors include Khosla Ventures, Crescendo Ventures, Seagate Technology, Kleiner Perkins Caufield and Byers (KPCB) and Evergreen Partners.

About OpenPOWER Foundation

To learn more about OpenPOWER and to view the complete list of current members, go to openpowerfoundation.org.