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Verplex Systems  Acquired by Cadence Design Systems (2003)

300 Montague Expressway #100
Milpitas, CA 95035
Website Company Summary Management Team

Technology: Kuang-Chien Chen (2001)
Sales/Marketing: Dino Caporossi ; Tony Larson

Outside board: (May no longer be on the board) Glen Antle (Cadence Design Systems);  Paul Huang (Novas Software)

Business description: Verplex Systems Inc. is an electronic design automation (EDA) company focusing on delivery of the highest speed, highest capacity and easiest to use formal verification products for complex system-on-chip (SOC) design. Since its inception, Verplex has focused on developing advanced technologies in functional verification, and has worked closely with leading-edge design companies to develop products to address the verification problems encountered in modern chip designs. Verplex's verification solutions are intended for application specific integrated circuit (ASIC) and integrated circuit (IC) design and verification engineers.
Customers include: FMC SOTA Design Technology
Partners include: AlteraCadence Design SystemsCo-Design AutomationMagma Design AutomationSynopsysSynplicity;  Artisan;  Novas

Rounds: 2
Recent Fundings:    Oct 2000
Capital raised: 11.4M
Ownership: Acquired by Cadence Design Systems (2003)
Corporate investors: Marubeni

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Record updated: Dec 2002
Sector: Software
Year Founded: 1997
Headcount: 76-100
Rounds: 2
Recent Fundings:    Oct 2000
Capital Raised: 11.4M
Ownership: Acquired by Cadence Design Systems (2003)