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Berkeley Design Automation Selected as One
of the Fastest Growing Companies in North
America by Deloitte’s 2011 Technology Fast 500™
Attributes 787% Percent Revenue Growth to Technology
and Outstanding Execution
SANTA CLARA, — October 19, 2011—
Berkeley Design Automation, Inc., provider of the
world’s fastest nanometer circuit verification, today
announced that the company has been selected as one of
Deloitte’s 2011 Technology Fast 500™ - a ranking of the
500 fastest growing technology, media,
telecommunications, life sciences and clean technology
companies in North America.
Technology Fast 500 award winners
are selected based on percentage fiscal year revenue
growth from 2006 to 2010. During this period, Berkeley
Design Automation’s revenue grew 787%, while its
customer base grew to over 110 semiconductor companies
worldwide. The company is widely recognized for its
technology leadership via its Analog FastSPICE™ Platform
and its growing market share in the electronic design
automation industry. Berkeley Design Automation is the
only EDA company selected for this year’s ranking.
Berkeley Design Automation’s chief
executive officer, Ravi Subramanian, credits the
combination of the industry’s rapid move to nanometer
mixed-signal design starts, the company’s breakthrough
verification technology, widespread customer success
with this new technology, and tremendous execution to
account for the company’s revenue growth. He said, "This
is a prestigious honor for Berkeley Design Automation,
and we would like to share this honor with our
customers. Our stellar team, strong technology base,
innovative products, outstanding customer focus, and
execution discipline have helped ensure our strong and
consistent year-on-year revenue growth, even as we faced
challenging economic times. I would like to thank our
customers for fueling this growth via the strong demand
for our products.”
About
Deloitte’s 2011 Technology Fast 500™
Technology Fast 500, which was
conducted by Deloitte & Touche LLP, a subsidiary of
Deloitte LLP, provides a ranking of the fastest growing
technology, media, telecommunications, life sciences and
clean technology companies – both public and private -
in North America. Technology Fast 500 award winners are
selected based on percentage fiscal year revenue growth
from 2006 to 2010. In order to be eligible for
Technology Fast 500 recognition, companies must own
proprietary intellectual property or technology that is
sold to customers in products that contribute to a
majority of the company's operating revenues. Companies
must have base-year operating revenues of at least
$50,000 USD or CD, and current-year operating revenues
of at least $5 million USD or CD. Additionally,
companies must be in business for a minimum of five
years, and be headquartered within North America.
About
Berkeley
Design Automation
Berkeley Design Automation, Inc. is the recognized
leader in nanometer circuit verification. The company
combines the world’s fastest nanometer circuit
verification platform, Analog FastSPICE, with
exceptional application expertise to uniquely address
nanometer circuit design challenges. More than 100
companies rely on Berkeley Design Automation to verify
their nanometer-scale circuits. Berkeley Design
Automation has received numerous industry awards and is
widely recognized for its technology leadership and
contributions to the electronics industry. The company
is privately held and backed by Woodside Fund, Bessemer
Venture Partners, Panasonic Corp., NTT Corp., IT-Farm,
and MUFJ Capital. For more information, visit
http://www.berkeley-da.com.
Analog FastSPICE, AFS Nano, and
WaveCrave are trademarks of Berkeley Design Automation,
Inc. Berkeley
Design and BDA are registered trademarks of Berkeley
Design Automation, Inc. Any other trademarks or trade
names mentioned are the property of their respective
owners.
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