Duolog Technologies, the NovaUCD-headquartered Collaborative Design Automation™ company, today announced that it is expanding internationally and has opened a new sales, marketing and support office in Los Gatos, California. The company plans to establish a similar presence in Japan later this year. With these expansions Duolog intends to accelerate sales and to grow its revenues by 50 percent to $15 million during 2009.
Ray Bulger, co-founder & CEO, Duolog Technologies
Duolog, which develops software tools that enable chip design companies to design their products faster and with fewer bugs, also scooped three of the ‘Best of DAC’ awards, at last week’s 45th annual Design Automation Conference (DAC) which it was attending for the first time.
DAC, which was held in Anaheim, California, is the premier event for the design of electronic circuits and systems, and for Electronic Design Automation (EDA) and silicon solutions. A diverse worldwide community representing more than 1,500 organisations attends each year, with approximately 8,500 attendees and 250 of the world’s leading and emerging EDA and silicon providers exhibiting at the show.
Duolog was the overall winner of the ‘Most Interesting First-time Exhibitor’ award and won the Trendsetter award in the ‘Best Overall New Product’ category for its Spinner tool. Using Spinner’s Perfect By Construction™ methodology chip design companies can eliminate bugs, greatly simplify the integration effort and radically improve quality. Spinner has been used on over 17 chips to date, including the multimedia processor chip found in the new Nokia N95 Smartphone. Duolog also won a Trendsetter award for ‘Best Demonstration on Exhibit Floor’.
Ray Bulger, co-founder and CEO, Duolog Technologies said, “We are extremely pleased with the excitement and interest generated by our premiere at DAC and the awards we received, including recognition as a trendsetter for our Spinner tool and our product demonstrations.” He added, “With this exciting debut on the global stage, Duolog is now prepared to grow beyond Europe and Ireland and we will focus on introducing our products and supporting new customers firstly in the US and then in Japan, the major global markets for EDA software and complex IC design.” He concluded, “We expect to increase our staff numbers by 10 to 15 percent to support our worldwide growth.”
Duolog Technologies currently employs more than 80 people and is headquartered at NovaUCD, the Innovation and Technology Transfer Centre at University College Dublin. Duolog also has design centres in Galway and Budapest, Hungary.
ENDS
18 June 2008
For further information contact Micéal Whelan, NovaUCD, e:: miceal.whelan@ucd.ie, t: (01) 716 3712.
Editors Notes
Duolog Technologies, the Collaborative Design Automation™ company, is an award-winning developer of groundbreaking EDA tools that enable the flawless and rapid integration of today’s increasingly complex SoC, ASIC and FPGA designs. Duolog’s Socrates Chip Integration Platform enables IC designs that are Perfect By Construction™. The world’s leading IP and IC/SoC development companies rely on Duolog tools to automate their chip integration processes – eliminating bugs, shrinking design cycles and drastically reducing the risk of costly delays and re-spins.
The 45th annual Design Automation Conference (DAC) took place in Anaheim, California from June 8-13. DAC is the premier event for the design of electronic circuits and systems, and for Electronic Design Automation (EDA) and silicon solutions. A diverse worldwide community representing more than 1,500 organisations attends each year, with approximately 250 of the world’s leading and emerging EDA and silicon providers exhibiting.
The ‘Best of DAC’ awards were presented to companies who received the most votes from attendees at the exhibition. Duolog entered three of the six award categories and won awards in all three.
NovaUCD is University College Dublin’s €11 million Innovation and Technology Transfer Centre. Twenty-two knowledge-intensive companies including Duolog Technologies are currently located in NovaUCD. NovaUCD has been funded through a unique public-private partnership that includes AIB Bank, Arthur Cox, Deloitte, Enterprise Ireland, Ericsson, Goodbody Stockbrokers, UCD and Xilinx.