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Catalytic Acquires ESL Business From Celoxica

Posted on: Monday, 7 January 2008, 12:00 CST

US-based software company Catalytic has acquired the electronic system level business from design and services company Celoxica for $3 million to strengthen its algorithm development solutions.

Electronic system level (ESL) design and verification is an emerging electronic design methodology that focuses on the higher abstraction levels.

Catalytic acquired Celoxica's DK design suite, pixelstreams and agility compiler software products, and the RC series of field programmable gate array (FPGA) development and prototyping boards in ESL business. The acquisition enhances Catalytic's algorithm development solutions with the addition of Celoxica's C to FPGA technology.

"Complex algorithms are becoming a key component of virtually every electronic system developed for entertainment, defense, security, medical, aerospace and automotive use," said Dave Burow, chief executive at Catalytic. "With this move, we can synthesize the top two languages for high-level algorithm development - C and MATLAB - and deliver both software and hardware implementations. We now have the richest set of products and services to provide customers with algorithm acceleration, prototyping and implementation."

Jeff Jussel, vice president at Celoxica said: "This is the right move. It enables Celoxica to focus on growing its high-performance computing business and transfers the development tools to Catalytic to deliver complete algorithm to implementation solutions."

After the acquisition, 18 employees will be transferred to Catalytic and the company will expand its worldwide presence with new offices in Texas, Japan and England. Catalytic will also continue to support the more than 100 existing customers of the transferred products.

The company will add Celoxica as a customer and reseller of the DK design suite to deliver computing solutions to the finance, life sciences and oil and gas exploration industries.

In October 2006, electronic hardware and software design solutions company Mentor Graphics acquired Summit Design, a provider of electronic system level design solutions to strengthen its position in the ESL design space.

Source: ComputerWire daily updates

Source: Datamonitor

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