SANTA CLARA, Calif.,
March 9, 2021 /PRNewswire/
-- Achronix announces today that 10 million Speedcore™ eFPGA
IP cores have shipped in customers' ASICs. Achronix is the only
high-performance FPGA supplier to offer both high-performance
standalone FPGAs and eFPGA IP. Speedcore eFPGA IP is
optimized for applications in 5G wireless infrastructure,
networking, computational storage and automotive driver assistance
systems.
Achronix Speedcore eFPGA IP offers companies the ability to
integrate FPGA functionality into their ASIC or SoC devices.
Speedcore eFPGA has a permutable architecture that allows customers
to define the amount of FPGA logic, memory and DSP processing
capabilities for the eFPGA IP. Compared to standalone FPGA
solutions, eFPGAs can reduce device costs by up to 90% and power by
up to 75%, while increasing interface bandwidth by 10x and reducing
latency by 100x. Embedding a flexible eFPGA IP core into an
ASIC design allows for extended product lifecycle, rapid
introduction of product variants and flexibility to change the ASIC
functionality to support changing algorithms.
"Speedcore eFPGA IP is being adopted in high-performance data
acceleration applications where there's a need to integrate
flexibility and support emerging AI workloads," said Steve Mensor, VP of Sales and Marketing at
Achronix. "Having shipped over 10 million eFPGA IP cores shows the
rapid growth of eFPGA IP technology and quality of Achronix's
Speedcore eFPGA IP solution."
Customers develop Speedcore eFPGA IP using a design process
similar to a standard ASIC IP block. Achronix has optimized
the development process with customers to provide rapid delivery of
the eFPGA design files and can help customers with the selection of
the ASIC design houses to further accelerate ASIC delivery.
Speedcore eFPGA IP designers use the same familiar Achronix ACE
design tools that are used for standalone FPGA design which reduces
time to market and allows for early prototyping using standalone
Speedster7t FPGA devices.
In January 2021, Achronix entered
into a definitive merger agreement with ACE Convergence Acquisition
Corp. (Nasdaq: ACEV) in a transaction that would result in Achronix
being listed on Nasdaq. The transaction is expected to close in the
first half of 2021.
Product Availability
Speedcore eFPGA IP is available today on multiple processes from
TSMC including 16FFC, 12FFC, N7 and in development on N5.
Speedcore eFPGA can be ported to other process technology nodes
based upon customer request.
About Achronix Semiconductor Corporation
Achronix Semiconductor Corporation is a fabless semiconductor
corporation based in Santa Clara,
California, offering high-end FPGA-based data acceleration
solutions, designed to address high-performance, compute-intensive
and real-time processing applications. Achronix FPGA and eFPGA IP
offerings are further enhanced by ready-to-use accelerator cards
targeting AI, machine learning, networking and data center
applications. All Achronix products are fully supported by a
complete and optimized range of Achronix software tools called ACE,
which enables customers to quickly develop their own custom
applications.
Achronix has a global footprint, with sales and design teams
across the U.S., Europe and
Asia. In January 2021, Achronix entered into a definitive
merger agreement with ACE Convergence Acquisition Corp. (Nasdaq:
ACEV) in a transaction that would result in Achronix being listed
on Nasdaq. The transaction is expected to close in the first half
of 2021.
Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of the federal securities laws. These
forward-looking statements generally are identified by the words
"intend," "future," "may," "will," "would," "will be," and similar
expressions. Forward-looking statements are predictions,
projections and other statements about future events that are based
on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. All statements, other than
statements of present or historical fact included in this press
release, including Achronix's strategy, products, operations,
prospects and pipeline expectations, and plans and objectives of
management are forward-looking statements. Many factors could cause
actual future events to differ materially from the forward-looking
statements in this press release, including but not limited to:
changes in domestic and foreign business, market, financial,
political, and legal conditions and changes in the combined capital
structure; the ability to implement business plans, forecasts, and
other expectations and identify and realize additional
opportunities; risks related to the rollout of Achronix's business
and the timing of expected business milestones; the effects of
competition on Achronix's business; the effects of the cyclical
nature of the semiconductor industry on Achronix's business; risks
related to Achronix's customer concentration; the risks to
Achronix's business if internal processes and information
technology systems are not properly maintained; risks associated
with Achronix's operational dependence on independent contractors
and third parties; risks associated with Achronix's reliance on
certain suppliers for, among other things, silicon wafers, and
shortages or interruptions in supply of wafers and other supplies;
risks and uncertainties related to Achronix's international
operations, including possible restrictions on cross-border
investments which could harm Achronix's financial position; and
risks associated with Achronix's ability to develop new products
and adapt to new markets. The foregoing list of factors is not
exhaustive. You should carefully consider the foregoing factors and
the other risks and uncertainties described in the "Risk Factors"
section of the registration statement on Form S-4 expected to be
filed by ACE in the future and other documents filed or that may be
filed by ACE from time to time with the SEC. These filings identify
and address other important risks and uncertainties that could
cause actual events and results to differ materially from those
contained in the forward-looking statements. There may be
additional risks that Achronix does not presently know, or
that Achronix currently believes are immaterial, that could also
cause actual results to differ from those contained in the
forward-looking statements. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements as predictions of
future events, and Achronix assumes no obligation and does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise, except as may be required by applicable law.
Contacts
Bob Siller
Achronix Semiconductor Corporation
408-889-4142
bobsiller@achronix.com
Achronix and Speedster are registered trademarks, and
Speedcore and Speedchip are trademarks of Achronix Semiconductor
Corporation. All other brands, product names and marks are the
property of their respective owners.
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SOURCE Achronix