ALTOS DESIGN AUTOMATION
EXPANDS INTO CHINA, DOUBLES HEADQUARTERS SPACE, ADDS
WORLDWIDE SALES VP
Needed to
support growing Asia market and, widening sales network
Anaheim,
California – June 14 , 2010 – Altos Design Automation, Inc. today announced that the company is expanding its corporate
structure and organization to fulfill customer demand and market
potential. Altos has
opened an office in China, is moving to expanded headquarters space in
Campbell, California and added John Ennis as Worldwide Vice President of
Sales.
The
new wholly-owned subsidiary in Beijing, China will be managed by Ken Tseng, Altos co-founder and CTO
and will focus on R&D and support for Altos’ Asian customers. The new
headquarters at the Pruneyard in Campbell doubles
Altos’ Silicon Valley office space and houses R&D, direct sales,
applications support as well as the company’s executive team. The new facility
includes a purpose built server room that will enable Altos to expand its
characterization service business.
Jim McCanny, CEO and co-founder of
Altos commented, “The company’s profitable growth over
the last several years has been monumental, especially in light of the recent
recession. As
customers endeavor to manage both timing and power while increasing their use
of complex IP, there has been a substantial increase in the amount of
characterization required to model all the process corners needed for
optimization and accurate electrical signoff. In addition at 28nm, customers are now
adopting Statistical Static Timing Analysis (SSTA) which further increases the
need for Altos’ fast, accurate and automated IP characterization solutions.”
Tseng
commented, “We anticipate substantial growth in Asia over the next several
years, especially in China. We have established an office there to tap into the
available engineering talent and to be positioned closer to our numerous
customers already in Asia.”
John
Ennis joins Altos as vice president of worldwide sales to manage the expanding
worldwide sales network of direct sales people, sales representatives and
distributors. John joins Altos from Pyxis where he
was Vice President of Business Development and Sales. Prior to Pyxis, John held sales executive positions at Clearshape, Anchor, Circuit Semantics and Avant!.
Ennis
commented, “I was attracted to Altos because of their leadership IP
characterization technology and their stellar worldwide customer base that
includes many of the top twenty semiconductor companies. I look forward to
expanding Altos worldwide support and sales network and enhancing their key
customer partnerships.”
About Altos
Altos Design Automation
provides ultra-fast, fully-automated characterization technology for the
creation of library views for timing, signal integrity and power analysis and
optimization. Altos advanced modeling
solutions are used by both corner-based and statistical-based design
implementation flows to reduce time to market and improve yield.
Privately held, Altos was founded in 2005 in Santa Clara, CA. Its new corporate headquarters are at 1919
South Bascom Ave., Suite 250, Campbell, CA
95008-2220. The China office is based at 11/F,
B70, Gateway Plaza Tower A, No. 18 Xiaguangli, East
Third Ring North Road, Chaoyang District, Beijing.
On the Web at: http://www.altos-da.com
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