View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 3, 1997updated 01 Sep 2016 3:42pm

AVANT! BUYS VLSI’S COMPASS UNIT TO FORM GALAX!

By CBR Staff Writer

Integrated circuit design automation company Avant! Corp has signed an agreement to acquire technology from VLSI Technology Inc for cash and stock worth $44m. Sunnyvale, California-based Avant!, which appears to spend most of its time fighting lawsuits with its competitor Cadence Design Systems Inc – is to take VLSI’s Compass Design Automation subsidiary, with Paul McLellan, president of Compass, becoming head of research and development at Avant!. Customers wanted to have a white knight to bring out the true value of their investment said Avant! chief executive Gerald C Hsu. VLSI has been more interested in concentrating on its semiconductor businesses of late (CI No 3,151). Hsu is particularly interested in Compass’ expertise in the area of silicon calibration and foundry relationships through the Passport library of silicon intellectual property for the emerging system-on-a-chip business. Avant! has formed a new subsidiary, called Galax! (apparently pronounced Ga-LOX-ee, just as Avant! is supposed to be pronounced ah-VON-tee). Compass is based in San Jose, California.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU