IPextreme Welcomes Truechip to Constellations

Verification IP enriches the Constellations portfolio of semiconductor intellectual property

Campbell, Calif. – May 20, 2014 – IPextreme Inc. today welcomed Truechip as the newest member of its Constellations initiative, which brings together like-minded companies to advance the state of the global semiconductor intellectual property (IP) ecosystem. A leading provider of design and verification solutions, Truechip rounds out the Constellations IP portfolio with a robust offering of verification IP products.

Verification IP is an increasingly important part of the IP marketplace, providing SoC customers with the technology to verify the massive amount of third-party IP that is being purchased and integrated by semiconductor companies. Verification IP companies such as Truechip provide great value by offering an independent and unbiased verification environment that customers can trust. Customers can use these environments to ensure the semiconductor IP they have purchased is conforming to the intended function of the standard and not masking design errors that can arise when IP developers are using the same verification IP for development.

“Verification quality and the ability to verify across various verification platforms are key care-abouts of our customers,” said Nitin Kishore, CEO of Truechip. “We are uniquely positioned to address these concerns with our portfolio of platform agnostic, production proven Verification IPs.”

Shishir Gupta, Truechip’s Vice President of Worldwide Sales and Marketing, observed the importance of strategic partnerships in better serving customers: “Building an ecosystem that provides comprehensive solutions to our customers, while leveraging strengths of our strategic partners to accomplish this quickly and efficiently, adds great value as we continue to gain momentum in expanding our VIP portfolio and customer base.”

Enthusiasm about Truechip’s membership in Constellations is mutual. “We’re excited about Truechip joining our community of independent IP providers,” said Warren Savage, President & CEO, IPextreme. “We look forward to working together to showcase Truechip verification IP products that can make our customers even more successful.”

Gupta and Savage recently sat down together on “Take Five with Warren” to discuss verification IP in the semiconductor ecosystem, prevalent industry trends, and the bright future of Truechip. This episode is available for viewing on IPextreme’s IP WATCH channel on YouTube.

Truechip will exhibit alongside IPextreme and other Constellations member companies in the Constellations IP Community at the upcoming 51^st Design Automation Conference (DAC) in San Francisco. The conference takes place at the Moscone Center, June 1 – 5, 2014. Additional information about DAC is available here: https://dac.com.

About Constellations

“Cooperate. Collaborate. Win.”

Constellations is a collective of independent IP companies and industry partners working together at both the marketing and engineering levels to develop and promote advanced IP solutions. IPextreme initiated Constellations in 2010 and is the driving force behind the collective, serving as program organizer and facilitator. Constellations member companies currently include: Adapt-IP; Atrenta Inc.; Certus Semiconductor; IPextreme, Inc.; Methods2Business B.V.; Recore Systems; Sonics, Inc.; and Truechip Solutions Pvt. Ltd.

Companies participating in Constellations offer complementary products, creating a comprehensive portfolio of semiconductor IP from which customers can develop complete SoC solutions. The program is open only to non-competing companies to encourage teamwork and cooperation—member companies work together, share resources to promote mutual success, and participate in collective events.

Products of Constellations companies are featured in the Constellations Semiconductor IP Center, powered by IPextreme’s Xena™ IP management system. The IP Center enables members to easily catalog, distribute, and support their products. Each member company is given a private area on the Xena cloud with full access to all capabilities of Xena. The IP Center also provides a convenient method for member companies and their customers to recommend IP products from other member companies to colleagues and other customers. Registered guests can browse all available IP and services in the Constellations Semiconductor IP Center for free at https://constellations.xena-cloud.com.

Constellations Membership and Pricing

The Constellations program continues to expand and grow, and enrollment is currently open. Annual membership in the Constellations program is $5,000. Included with this fee are two full Xena user licenses. Additional Xena licenses are available to Constellations members at a 50% discount.

For more information and details on becoming a part of this groundbreaking initiative, visit http://www.ip-extreme.com/partners/constellations.shtml.

About IPextreme, Inc.

Founded in 2004, IPextreme is a privately held company providing an array of innovative business and technical solutions focused around the licensing of semiconductor intellectual property (IP) within the global electronics market. Working with the largest semiconductor companies in the world, including Freescale, Infineon, Intel, NXP, National Semiconductor, and Texas Instruments, IPextreme unlocks the value of captive intellectual property assets and then licenses that IP to other companies. IPextreme’s cloud-based Xena™ software provides semiconductor and IP companies with enterprise-level management of their entire IP portfolios and operations. In 2010, IPextreme created Constellations™, a collective of independent IP companies and industry partners working together at both the marketing and engineering levels to develop and promote advanced IP solutions to common customers.

IPextreme has over 100 customers in more than twenty countries. Offices are located in Campbell, California; Munich, Germany; and Tokyo, Japan, with representatives in Europe, China, India, Israel, Korea, and Taiwan.

To learn more, please visit www.ip-extreme.com.

About Truechip

Truechip, the verification IP specialist, is a leading provider of Design and Verification solutions which help you reduce your design cycle time, lowering the cost and the risks associated with the development of your high performance, multi-core designs.

Truechip is a privately held company, with a global footprint, and a strong and experienced leadership team.

For additional information, please visit www.truechip.net.