Achronix

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Achronix Semiconductor Corporation
Company typePrivate
Industry Semiconductors
Founded2004;20 years ago (2004) in Ithaca, New York, U.S.
Founders
  • Clinton Kelly
  • John Lofton Holt
  • Virantha Ekanayake
  • Rajit Manohar [1]
Headquarters,
Key people
Robert Blake (CEO)
Virantha Ekanayake (CTO)
Products FPGA, eFPGA IP
Revenue>$100M/year
Number of employees
<200
Website www.achronix.com

Achronix Semiconductor Corporation is an American fabless semiconductor company based in Santa Clara, California with an additional R&D facility in Bangalore, India, [2] [3] and an additional sales office in Shenzhen, China. [4] Achronix is a diversified fabless semiconductor company that sells FPGA products, embedded FPGA (eFPGA) products, system-level products and supporting design tools. Achronix was founded in 2004 in Ithaca, New York based on technology licensed from Cornell University. [5] In 2006, Achronix moved its headquarters to Silicon Valley. [6] [7]

Contents

Achronix was originally self-funded by several million dollars of founder's capital. Since 2006, Achronix has been funded by a combination of Venture capital funding, private equity funding and debt from traditional lenders. [8] Since Achronix is a private company, the total amount of capital raised to date has not been disclosed, but the total amount of capital raised is thought to be in the $180M-$200M range. Achronix achieved profitability in 2016 and reportedly achieved sales of over $100M YTD in 2017, making it one of the highest growth semiconductor companies globally. [9]

In July 2021 Achronix cancelled its plans to go public through a merger with a special acquisition (SPAC) company ACE Convergence Acquisition Corp due to regulatory approval difficulties. The proposed transaction valued the company at $2.1bn. [10]

Products

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References

  1. Ramaswamy, Shankaranarayanan; et al. (2009). "A radiation hardened reconfigurable FPGA" (PDF). 2009 IEEE Aerospace conference. pp. 9–10. doi:10.1109/AERO.2009.4839506. ISBN   978-1-4244-2621-8. S2CID   11659933.
  2. "Achronix and Signoff Semiconductors Partner for AI/ML FPGA and eFPGA IP Design Services". edacafe.com. Retrieved 2021-12-15.
  3. "Achronix SPAC Merger? 6 Things to Know About the Semiconductor Play Ahead of Any ACE Deal". investorplace.com. 6 January 2021. Retrieved 2021-12-15.
  4. "Achronix's Speedcore eFPGA Devices to be Highlighted at TSMC 2018 North America, China Technology Events in May". design-reuse.com. Retrieved 2021-12-15.
  5. "EE Times updates list of emerging startups". eetimes.com. Retrieved 2021-12-27.
  6. Nenni, Daniel. "In Their Own Words: Achronix". Semiwiki. Retrieved 2019-11-26.
  7. "Achronix Grew 700% Last Year...eFPGA is a Thing". community.cadence.com. Retrieved 2021-12-27.
  8. "ACEV And Achronix Offer Fairly Priced Upside To The Red Hot Semi Market". seekingalpha.com. Retrieved 2021-12-27.
  9. "EFPGA out-growing FPGA at Achronix as revenues soar 700%". 14 June 2017.
  10. Achronix press release, 12 July 2021
  11. says, TotallyLost (2019-05-21). "Achronix 7nm Speedster7t FPGAs". EEJournal. Retrieved 2019-11-26.
  12. "Achronix – Setting the industry standard for performance, power, and cost leadership". thesiliconreview.com. Retrieved 2021-12-28.
  13. "Achronix Accelerates eFPGA". EEJournal. 2018-12-05. Retrieved 2019-11-26.
  14. "Achronix and BittWare Accelerate Your Socks Off!". EEJournal. 2019-10-31. Retrieved 2019-11-26.
  15. "ACE". Achronix Semiconductor Corp. Retrieved 2019-11-26.
  16. "How to Design SmartNICs Using FPGAs to Increase Server Compute Capacity". design-reuse.com. Retrieved 2021-12-28.

See also