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Synapse Design buys ACEI Design in third 2017 acquisition
Release on :2017-12-06
Synapse Design, the Santa Clara SoC design house, has bought ACEIC Design Technologies of Bangalore in its third acquistion this year.
ACEIC has been primarily focused on verification services.
Through this acquisition, Synapse Design gains experienced verification engineers with domain expertise across Automotive, Wireless, Bluetooth and DDR and VIP for the latest version Bluetooth 5.0.
Synapse recently announced the acquisitions of Tech Vulcan in San Diego and Asilicon in Ranchi, India along with opening of a second design center in Da Nang, Vietnam.
ACEIC develops verification solutions for wireless 802.11ac MAC IP using UVM and verification IP for Bluetooth Low Energy 4.2 among other technologies. They have provided complete verification services to many customers in Bangalore. The strategic acquisition of ACEIC Design allows Synapse to increase their verification portfolio offerings for existing and new clients.
“Our customers are developing highly complex SoCs and ASICs at advanced nodes and with digital and mixed-signal content. These designs present tremendous verification challenges,” said Devesh Gautam, Synapse Design COO. “The acquisition of ACEIC, a known expert in verification, is a testament to our focus on providing the highest quality services, technology and IP for our customers.”
Through the agreement with ACEIC, Synapse is also guaranteed “first pick” from a large pool of verification engineering talent graduating annually from Maven Silicon, a top class VLSI finishing school in Bangalore founded by P.R.Sivakumar, the CEO of both ACEIC and Maven Silicon. Given the aggressive hiring environment in Bangalore, this access to engineers provides Synapse with a competitive edge.
“Securing design centers in India and Asia offers tremendous advantages to our customers including better pricing for our services and products and access to highly trained engineers; however, it can be difficult to hire in such a competitive environment,” says Satish Bagalkotkar, “our multi-tiered hiring strategy focusing on strategic relationships, acquisitions and a mix of design centers in primary and tier-two cities ensures our customers both the best talent today and in the future.”
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