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Apache Design Solutions Acquires Sequence Design
Acquisition Expands Company’s Technology Leadership in Power and Noise Solutions to RTL Designs
San Jose, California -- September 8, 2009 -- Apache Design Solutions, the technology leader in power and noise integrity for Chip-Package-Systems (CPS) convergence, today announced it has acquired the assets, including intellectual property, and foreign subsidiaries of Sequence Design, the EDA leader in RTL Design for Power (DFP)™ solution. Sequence operations will be integrated under Apache’s global research and development, sales, support and marketing functions. Vic Kulkarni, President and CEO of Sequence Design, will assume the role of Senior Vice President and General Manager of RTL Business Unit in Apache. Terms of the transaction were not disclosed. Through this acquisition, Apache expands power and noise product offerings from SoC, analog/mixed-signal, and package/PCB designs to the RTL where greater opportunity for power optimizations can be realized. The combination of Sequence’s technology and Apache’s power sign-off platforms raises the power-based solutions to the same level of importance as area and timing based tools. “Sequence Design has established a solid reputation and customer base in RTL power analysis and reduction,” said Andrew Yang, CEO of Apache, “This acquisition reinforces Apache’s business and product strategy for complete offering of advanced power and noise integrity solutions for chip-package-system convergence.” “Apache has demonstrated an impressive growth in the marketplace and established a critical mass of customer base, financial strength, and management experience. Our team looks forward to contributing to its continued success,” said Vic Kulkarni, President and CEO of Sequence. Existing Sequence customers and product lines including PowerTheater, PowerArtist, Cool Products and Columbus will continue to be supported by Apache. About Apache Design Solutions Apache delivers the industry’s leading global power and noise analyses platform solutions for Chip-Package-System convergence. Apache's innovative platforms address the unique power and noise challenges associated with specific design domains such as SoC (digital), analog / custom IP, and System (IC package, SiP, PCB), while providing a co-analysis environment that integrates the SoC and System worlds. >From early-stage to sign-off, Apache’s products are adopted by 90% of the top IDM, fabless semiconductor, and foundries for cost reduction, risk mitigation, and time-to-market improvements. Apache is a global company with over 150 employees and R&D centers and direct sales / support offices worldwide. For more information: www.apache-da.com; www.sequencedesign.com
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