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ACQUIRED COMPANY
 
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Apache Design Solutions  Acquired by ANSYS (2011 $ 310,000,000 )

2645 Zanker Road
San Jose, CA 94134
USA
408-457-2000
Website Company Summary Management Team
Team

Management: Vic Kulkarni (Division SVP & GM) Emily Chang (CFO) Aveek Sarkar (VP Product Engineering & Support) Dian Yang (VP Product Management)
Outside board: Lori Holland (OpSource Former Interim CFO) Bernie Aronson (Kilopass Technology Former CEO) Ping Yang (Taiwan Semiconductor Manufacturing Sr. VP)
Company

Business description: Apache is a provider of innovative next-generation physical design integrity software created to accelerate the design process and guarantee the reliability of massive system-on-chip semiconductors operating at gigahertz frequencies. By providing tools for power, timing, and system I/O integrity, Apache enables leading networking, wireless, communication, consumer, and semiconductor companies to develop highly competitive and reliable products. Apache's physical integrity products are used early in the sub-130 nanometer design process with minimal setup, delivering the highest standards of computational performance, capacity handling, and integrity to silicon.
Customers include: Ample CommunicationsAnalogix SemiconductorAzul SystemsBitBlitz CommunicationsCisco SystemsIDTIkanos CommunicationsJuniper NetworksMarvellNECPanasonicPhilipsPMCSTMicroelectronicsTexas InstrumentsToshibaTSMCXilinx;  Advanced Micro Devcies;  FCI;  Genesys Logic;  Spreadtrom Communications;  Vixel
Partners include: Artisan ComponentsCadence Design SystemsSynopsysVirage LogicXilinx;  EDA Consortium;  MediaTek
Capital

Rounds: 1
Recent fundings: Mar 2004   Jan 2002
Last Round: .2M
Ownership: Acquired by ANSYS (2011 $ 310,000,000 ) Ipo Filing
Corporate investors: Intel Capital

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Overview
Record updated: Mar 2011
Sector: Software
Year Founded: 2001
Rounds: 1
Recent fundings: Mar 2004   Jan 2002
Last Round: .2M
Ownership: Acquired by ANSYS (2011 $ 310,000,000 ) Ipo Filing