SOCcentral: Samsung Invests $4 Million in Carbon Design Systems (Carbon Design Systems, Inc. 39123)

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Wednesday, May 22, 2013

Samsung Invests $4 Million in Carbon Design Systems

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September 12, 2012 -- Carbon Design Systems, Inc. announced today that it received $4 million in investment funding from Samsung Venture Investment Corp. In addition, the companies have entered into a strategic partnership.

Funds from the strategic investment will be used as working capital and support Carbon's on-going development of leading tools in the electronic system level (ESL) 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. "The strategic partnership will offer Samsung a way to more broadly expand and fast track adoption of ESL tools."

Posted by: John Miklosz

Go to the Carbon Design Systems, Inc. website to find additional information.

E-mail Carbon Design Systems, Inc. for more information.

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Keywords: ASICs, ASIC design, FPGAs, field programmable gate arrays, FPGA design, EDA, EDA tools, electronic design automation, model libraries, models, modeling, IP, intellectual property, cores, Carbon Design Systems, Samsung Venture Investment

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