Sonics expands operations into Armenia
New Engineering Center Highlights Revenue Growth Strategy
MOUNTAIN VIEW, Calif., January 6, 2005 - Sonics Inc., the premier supplier of system-on-chip (SoC) SMART™ Interconnects, today announced the opening of an engineering design center in Armenia as part of a company-wide resource realignment strategy aimed at supporting revenue growth.“As Sonics completes it’s transition from a start-up-company previously focused on engineering critical first products, to an emerging growth company now focused on enhancing established market positions and expanding it’s customer base, we are rebalancing the company’s resources to support the expected revenue growth.” said Grant Pierce president and CEO.
The Armenia design center will be used for both product development and sustaining infrastructure projects. “The expansion into Armenia enables Sonics to manage engineering costs moving forward as our business expands.” Says Pierce.
The Company also announced it has re-aligned departmental staffing to better support the transition. Geert Rosseel, Senior Vice President of Development Programs has assumed the additional responsibility of managing Sonics’ Applications Engineering Group.
About Sonics
Sonics, Inc. is a leading provider of SMART Interconnects that deliver high SoC design predictability and increase design efficiency. Major semiconductor and systems companies including Broadcom, Samsung, Texas Instruments and Toshiba have applied Sonics SMART Interconnects in leading products in the wireless, digital multimedia and communications markets. Sonics is a privately held company funded by Investar Capital, Smart Technology Ventures, TL Ventures, Easton Hunt Capital, JAFCO Ventures, and H&Q Asia-Pacific. For more information, see www.sonicsinc.com
SMART™, SonicsMX™, SonicsMXC™, SiliconBackplane™, SonicsStudio™ and MemMax™ are trademarks of Sonics, Inc.® All other trademarks and registered trademarks are the property of their respective owners.
Related Semiconductor IP
- FlexGen Multi-Die Smart Network-on-Chip (NoC) IP
- NoC Interconnect IP Generator
- AXI NoC Non-Coherent Mesh
- FlexGen Smart Network-on-Chip (NoC) IP
- NoC System IP
Related News
- Sonics Expands Presence in China and Taiwan and Appoints Mac Hale Vice President of Asia Operations
- MIPS Technologies, Inc. Announces Second Quarter Pro Forma Earnings from Operations Will Be In Line With Earlier Guidance
- Mosaid to reconfigure operations
- Amphion builds communications semiconductor IP market share - extends North American sales operations into Canada
Latest News
- Agnisys and Axiomise Collaborate to Accelerate NoC Design and Formal Sign-off
- TSMC Reports Third Quarter EPS of NT$29.43
- ChipAgents Collaborates With NVIDIA to Launch Build-A-Chip-Bench for Autonomous Chip Design and Implementation
- Quintauris and Microchip Technology join forces to grow RISC-V® adoption
- BrainChip Launches Sequora: Edge AI That Doesn’t Just Recognize — It Understands and Responds