SoftJin adopts hybrid business model; announces new offerings and customer wins
Released on = August 13, 2007, 5:17 am
Press Release Author = Softjin Technologies
Industry = Semiconductors
Press Release Summary = Softjin Technologies, a customised EDA tool development company, made a series of announcements today including the adopting of a hybrid business model composed of outsourced R&D services and EDA products, new offerings and notable customer wins along with setting-up of an off-shore development center (ODC) in India for Cswitch Corporation.
Press Release Body = Bangalore, Aug 13, 2007: SoftJin Technologies, a customized EDA (Electronic Design Automation) tool development company, announced that it is adopting a hybrid model composed of outsourced R&D services and EDA Products. The outsourced R&D services are targeted to the Semiconductor Design and Manufacturing market and include EDA software development, High Performance FPGA based Design and Design Verification services for the semiconductor industry. SoftJin's EDA Products are in the area of Post Layout Design Data Processing and EDA tools for Programmable Platforms.
According to Nachiket Urdhwareshe, CEO, SoftJin Technologies," The management of SoftJin took a conscious decision to firmly adopt a hybrid business model. As per the hybrid model, we are developing our own licensable Products and technologies in addition to continuing with customized design and development services to our customers in the semiconductor space. We believe these are complementary business strategies and enable us to maximally leverage our competencies to grow the business."
Among the notable customer wins in the outsourced R&D services business, the company has set-up an Off-Shore Development Center (ODC) in India for Cswitch Corporation, a semiconductor company developing high performing configurable solutions for the networking, storage, wireless base station and telecom markets. Cswitch's solution offers performance levels approaching an ASIC, including a bandwidth up to 100Gbps, and the configurability of an FPGA. As per the agreement, SoftJin will have a dedicated team developing a variety of System tools, User tools and provide other design related services for Cswitch's Configurable Switch Array.
Commented Godfrey D'Souza Vice-president - Engineering, Cswitch "We chose SoftJin to partner with for our customized software needs because of their proven track record in developing EDA tools for semiconductor companies around the world. Our relationship with SoftJin is yielding measurable benefits in terms of wider access to talent and time to market advantages for our software needs related to Configurable Switch Array"
In another major development indicating the company's growth path, Vinod Malhotra, an industry veteran, has come onboard as the Vice President of Engineering. His responsibility would include driving the company's R&D team and focus on developing Post-Layout EDA tools and technologies. Vinod was previously VP of Engineering at Poseidon Design Systems. Prior to that, he was Director of R&D at Synopsys, responsible for interactive lithography simulation, visualization and analysis. He also managed engineering operations of over 50 developers working on various Design for Manufacturing (DFM) products. Prior to its acquisition by Synopsys, he led the EDA tools group at Numerical Technologies as VP of Engineering, where he established and grew the EDA tools division to US$10 million product line.
The company has also announced new offerings in the Post Layout EDA space. These include, NXCompare, a fast and versatile IC Layout and Mask Data Comparison tool that compares any two IC layout and/or mask databases. It is SoftJin's first end user distributed processing application based on Nirmaan software development toolkit. SoftJin also announced availability of Nirmaan 3.0, the upgraded version of its software development toolkit for developers of post-layout and DFM/DFY (Design for Manufacturing/ Design for Yield) tools.
About SoftJin Headquartered in Bangalore, with office in Santa Clara, U.S.A and sales partner in Japan and Singapore, SoftJin Technologies Pvt. Ltd. develops customized EDA tools for the specific requirements of semiconductor and EDA companies using a combination of EDA software development services and re-usable building blocks. SoftJin also offers high end Platform FPGA based design and hardware verification services. Last year (August 2006) SoftJin was chosen as one of the top 100 private companies in Asia that play a leading role in innovation and technology by Red Herring magazine. This year (August 2007), SoftJin has been awarded the Certificate of Excellence among fastest grown SME Companies in Karnataka by STPI. For more information please visit http://www.softjin.com or e-mail at firstname.lastname@example.org