Celoxica to focus on FPGAs for high performance computing on ESL sale to Catalytic
(Top News, 07 Jan 2008 )
By Suzanne Deffree, Managing Editor, News -- Electronic News
Celoxica Holdings plc has sold its electronic system level (ESL) business to Catalytic Inc for $3 million, allowing the U.K.-based company to the focus on its work in FPGA-based high performance computing.
With the acquisition, Catalytic expands its algorithm development portfolio, gaining the DK Design Suite, PixelStreams, and Agility Compiler software products, and the RC Series of FPGA development and prototyping boards from Celoxica.
“This is the right move,” Jeff Jussel, Celoxica’s VP, said. “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.”
Jussel is among the 18 Celoxica employees who will join Palo Alto, Calif.-based Catalytic. Catalytic also gains new offices in Texas, Japan, and England, and said it will continue to support the more than 100 existing customers of the transferred products. It will add Celoxica as a customer and reseller of the DK Design Suite to deliver high-performance computing solutions to the finance, genomic, and oil exploration industries.
“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, Catalytic’s CEO, in the statement. “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.”
