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Company type | Private |
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Industry | Semiconductors |
Founded | 2004Ithaca, New York, U.S. | in
Founders |
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Headquarters | , |
Key people | Robert Blake (CEO) Virantha Ekanayake (CTO) |
Products | FPGA, eFPGA IP |
Website | 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]
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]
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. [9]