Analysis

Carbon Design Systems receives $4 Million Investment from Samsung

12th September 2012
ES Admin
0
Carbon Design Systems has declared today that it has received $4 million in investment funding from Samsung Venture Investment Corporation. Additionally, the companies have entered into a strategic partnership.
Funds from the strategic investment will be used as working capital and support Carbon's ongoing development of leading tools in the electronic system level design space, including its fast, accurate virtual prototypes. Carbon currently offers the industry’s only unified virtual prototype that scales from 100% accuracy to hundreds of MIPS performance. Initiatives will be undertaken to expand the reach of Carbon’s fast, accurate virtual prototypes.

“Carbon’s technology helps Samsung’s development of leading-edge consumer devices,” states Jung Ho Kim, an investment manager at Samsung Venture Investment Corporation. “The strategic partnership will offer Samsung a way to more broadly expand and fast track adoption of ESL tools.”

Adds Rick Lucier, Carbon’s president and chief executive officer: “We work closely with various project groups at Samsung. Its deep technical knowledge of system-level design will be beneficial to us as we market key technologies to expand the reach of fast virtual prototypes that do not compromise accuracy.”

Featured products

Upcoming Events

View all events
Newsletter
Latest global electronics news
© Copyright 2024 Electronic Specifier