InSilica surpasses 2 million units shipped

BANGALORE: InSilica Corp. has surpassed the two millionth customer unit shipped and continues to ramp high volume shipments and expand its growing customer base, the company said here today.

The firm provides high value custom silicon solutions to a variety of high volume segments, which require custom ASIC & SOC solutions that are pushing the specification boundaries of what standard solution providers can deliver.

Additionally, through leveraging its unique Indo-US execution model and proprietary design IP, InSilica has been able to deliver these solutions at far lower development costs and reduced time-to-market than typical market leading suppliers are capable of.

"Hitting the two million units shipped mark is a key milestone for InSilica and validation on our ability to deliver on complex ASICs, which have aggressive specifications and volume ramps," stated Balaji Baktha, InSilica's President and CEO.

"Few fabless semiconductor companies established in recent years can state such an accomplishment or in fact ever reach this magnitude. We look forward to continued growth and success."

InSilica continues to expand its customer footprint and recently expanded into Korea, Taiwan and Japan markets with sales and support presence in those locales, which will enable it to better service end customers there.

The volume shipment milestone and expanded sales presence build on the momentum of the recently announced major financing round of $18m.

The company has numerous customer engagements, IP development projects, and partnerships, which it expects to disclose in the coming months.

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