Parthus Technologies plc, a leading developer of platform-level intellectual property (IP), announced today that it has been officially recognized as the world’s fastest growing of the top 10 semiconductor IP companies, growing seven times faster than the industry average. The research, published by Gartner Dataquest found that Parthus’ IP revenue grew by 265% last year, increasing its share of the overall IP market three-fold. This growth makes Parthus the third-largest provider of IP to the communications sector, a jump of seven places over 1999.
The findings place Parthus among the top 10 IP companies that between them control over 66% of the SIP market. Overall, the SIP market continues to significantly outperform the general semiconductor market, growing 40% in 2000. The survey confirms earlier research from Gartner Dataquest that identified the platform-level segment of the intellectual property market as the most exciting, high-growth areas of the industry. The earlier research also positioned Parthus as an IP company capable of delivering complex, application-level, solutions to the semiconductor industry.
Of note, the Gartner Dataquest survey found:
– The SIP market continues to grow at a rate well above the overall semiconductor industry. SIP revenue in 2000 reached $690 million, up 40% from $492 million in 1999. This growth is forecast to continue as OEMs and semiconductor companies increasingly look to in-source proven IP technology to reduce costs and speed time-to-market
– Of the top IP industry players, Parthus was the fastest growing (IP revenues up 264% on 1999 levels, compared to the industry average of 40%)
– Parthus is the market leader in Bluetooth IP
– Parthus is market leader in MPEG IP
– Parthus is the number three, and the fastest growing, supplier of communications IP (up seven positions). Communications IP is the largest segment of the overall IP (47%) market and is the fastest growing – 67% in 2000
– Parthus is the second-largest supplier of programmable DSP IP
We are delighted with the findings of the Gartner Dataquest report which clearly validates our position in the IP industry, said Kevin Fielding, president of Parthus. Parthus’ focus on the platform-level segment of the IP market is a natural evolution of our roots designing complex applications for the world’s leading semiconductor companies. We believe that our current IP portfolio, coupled with our unique convergence roadmap, position us well to improve our market share in the years to come.
