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Istuary Innovation Group Selects Arteris FlexNoC Interconnect IP For Development of Proprietary Enterprise Storage ControllersCAMPBELL, Calif. – April 19, 2016 – Arteris Inc., the inventor and industry leader in commercial network-on-chip (NoC) interconnect IP solutions, today announced that Istuary Innovation Group has licensed its Arteris® FlexNoC interconnect IP. Arteris FlexNoC’s advanced data protection features are well suited to meet the needs for Istuary’s enterprise storage controllers, a proprietary product planned for launch in 2017. FlexNoC’s unique benefits include:
“We chose Arteris FlexNoC IP because it is ideally suited to our needs,” said Hugh Chow, CEO of Istuary Innovation Group. “In addition to data protection and power reduction, FlexNoC allows easy integration with IP from multiple vendors using different transaction protocols. FlexNoC helps us deliver high performance, lower power enterprise storage controllers in a short time to market.” Istuary’s enterprise storage controllers are state of art, providing over twice as much storage space and many other advanced value-added features. The product is currently being developed by its Vancouver and Toronto teams and is planned for launch in 2017. “We are excited to provide Istuary Innovation Group a key technology that helps enterprise storage products meet stringent endurance and data protection requirements, and that allows their innovative products to replace current products in the data center and other mission critical environments.” said K. Charles Janac, President and CEO of Arteris. “Istuary’s use of Arteris FlexNoC within its enterprise storage controller is evidence of how Arteris technology can be applied to new products, and help change enterprise storage economics through reducing power consumption and increasing storage performance.” About Istuary Innovation Group Istuary cultivates innovation into businesses and launches them into fast growing markets. The company acts as a platform to connect innovative talent with resources to develop successful companies geared for global markets. Istuary is comprised of three business units: Innovation Labs, Venture Capital, and Idea Labs. These business units work in synergy to nurture and commercialize innovation. In partnership with entrepreneurs and innovators, Istuary transforms ideas into reality by utilizing capital, R&D, and business expertise. Istuary was founded in Vancouver, BC in 2013 and now employs over 600 professionals and partners in Canada, USA and China. Learn more at www.istuary.com. About Arteris Arteris, Inc. provides Network-on-Chip interconnect IP and tools to accelerate System-on-Chip semiconductor (SoC) assembly for a wide range of applications. Rapid semiconductor designer adoption by customers such as Samsung, Huawei / Hisilicon, Mobileye, Altera, and Texas Instruments has resulted in Arteris being the only semiconductor IP company to be ranked in the Inc. 500 and Deloitte Technology Fast 500 lists in 2012 and 2013. Customer results obtained by using the Arteris product line include lower power, higher performance, more efficient design reuse and faster SoC development, leading to lower development and production costs. More information can be found at www.arteris.com.
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