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.”
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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