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Arteris Adds Seven New Customers in 2014

CAMPBELL, Calif., Nov. 4, 2014 (GLOBE NEWSWIRE) -- Arteris Inc., the inventor and only supplier of silicon-proven commercial network-on-chip (NoC) interconnect IP solutions, today announced that seven new customers have licensed Arteris FlexNoC fabricIP in 2014 for use as the backbone interconnect of their systems-on-chip (SoCs).

The seven new Arteris customers include Marvell, InfoTM, Hisense, Rambus, two unannounced solid-state disk (SSD) vendors and a major system OEM. Marvell was announced in June, InfoTM in July, Hisense in August, and Rambus in October.

Other publicly disclosed Arteris licensing activities in 2014 include:

"Semiconductor companies and SoC design teams continue to adopt Arteris interconnect fabric IP at rapid rates," said K. Charles Janac, President and CEO of Arteris. "In addition, we have retained all our existing licensees, many of whom have increased their commitments to deployment of Arteris FlexNoC interconnect IP technology. This growth in licensing activity, combined with the lack of any attrition in our existing customer base, proves the value and benefits Arteris and its technology provide to our users: Shorter time to market, lower cost, less power consumption and faster SoC performance."

About Arteris

Arteris, Inc. provides Network-on-Chip interconnect IP and tools to accelerate System-on-Chip semiconductor (SoC) assembly for a wide range of applications. Rapid semiconductor designer adoption by customers such as Samsung, Altera, and Texas Instruments has resulted in Arteris being the only semiconductor IP company to be ranked in the Inc. 500 and Deloitte Technology Fast 500 lists in 2012 and 2013. Customer results obtained by using the Arteris product line include lower power, higher performance, more efficient design reuse and faster SoC development, leading to lower development and production costs. More information can be found at www.arteris.com.

Arteris, FlexNoC and the Arteris logo are trademarks of Arteris. All other product or service names are the property of their respective owners.

CONTACT: Kurt Shuler Arteris, Inc. +1 408-470-7300 kurt.shuler@arteris.com

Source:Arteris