Apache Design Solutions Receives Investment From Yang, Bechtelsheim, and Intel Capital
SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 22, 2002--Apache Design Solutions, a start-up company providing next-generation power-ground integrity solutions for the IC design industry, today announced it received investment funding on Aug. 27, 2001, from Andrew Yang, Andy Bechtelsheim, and Intel Capital. The funding will be used for product development to help develop complete EDA solutions to address power-and-ground design and integrity issues for sub-130nanometer technologies. Further financial details of the investments were not disclosed.
Apache produces the industry's first commercially available solution that addresses IR drop, Electro-migration and inductance-related problems for high-performance ASICs and SOCs.
"We're very pleased to receive this financing, which will give us an opportunity to develop next-generation products on the power/ground design and verification market, where a complete solution is much needed for the successful design of sub-130nm integrated circuit designs," said Shen Lin, president of Apache Design Solutions.
About Apache Design Solutions, Inc.
Apache Design Solutions develop ease-of-use power/ground grid design and verification tools for the IC design market worldwide. Apache is located at 299 California Ave., Suite 120, Palo Alto, Calif. CONTACT: Apache Design Solutions, Inc. Shen Lin, 650/838-9080 ext. 202
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