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Real Intent's Focus on Excellent Tools for Early Functional Verification & Advanced Sign-Off for Circuit Design Results in Over 35% Revenue Growth in First Half of 2012Deployment by Leading Storage, Computing, Networking, Communications & Consumer Electronic Companies Behind Growth (May 22, 2012)
SUNNYVALE, CA -- (Marketwire) -- 05/22/12 -- Real Intent Inc., the leading provider of software products that accelerate Early Functional Verification and Advanced Sign-off of electronic designs, announced today that that the company's revenue in the first half of fiscal 2012 increased more than 35% when compared to the last half of fiscal 2011 and the company is on track to have an annual growth of over 100% by the end of 2012. In addition, the company's customer list grew by over 30%, adding major semiconductor companies in storage, computing, networking, communications and consumer electronics industries.
"We are building one of the world's leading electronic design verification companies by staying focused on offering excellent circuit design tools for early functional verification and accelerating sign-off," said Prakash Narain, CEO of Real Intent. "As a result, we are able address the needs of the world's top-tier electronics companies, who deploy our software to verify their advanced ASICs and SoCs designs for leading-edge electronic products. We are excited by the momentum that we see in our business and the growing adoption of our solutions by design teams."
For information on job openings at Real Intent, please visit www.realintent.com/company/careers.
In the last year, Real Intent's news included announcements of releases of Ascent for early function verification and X-verification and Meridian CDC for Sign-off quality Clock Domain Crossing verification. The company also added to its executive team with the appointments of Hamed Emami as Vice-President Sales and Graham Bell as Senior Director of Marketing.
Real Intent's software products solve challenging verification and sign-off SoC design problems with the speed that no other company can match. The tools are capable of handing full-chip designs in excess of 100-million gates flat, with no compromises in accuracy or performance.
Real Intent at the Design Automation Conference (DAC) 2012, San Francisco
Demonstrations of Real Intent's products are set for Monday through Wednesday, June 4-6, 2012, 9:00 am to 6:00 pm, at Real Intent's DAC booth #926. To register for a demo click here.
About Real Intent
Real Intent is the leading provider of EDA software to accelerate Early Functional Verification and Advanced Sign-off of electronic designs. The company provides comprehensive CDC verification, Advanced RTL Analysis and Sign-off solutions to eliminate complex failure modes of SoCs. Real Intent's products lead the market in performance, capacity, accuracy and completeness. Please visit www.realintent.com for more information.
CDC: Clock Domain Crossing
EDA: Electronic Design Automation
RTL: Register Transfer Level
Ascent and Meridian are trademarks of Real Intent, Inc.
All other trademarks and trade names are the property of their respective owners.
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