LOS GATOS, Calif. – August 8, 2016 – Tela Innovations, Inc. announced that Samsung Electronics Co, Ltd. has entered into an agreement to license Tela’s extensive portfolio of semiconductor related patents. Samsung, a global leader in semiconductor design and manufacturing, joins Qualcomm, Google and TSMC as licensees of Tela’s innovative solutions for scaling complex chip designs to more advanced manufacturing nodes. Terms of the deal are confidential.
Tela has developed technology that addresses the physical design constraints imposed by lithography limitations at geometries of 28nm and smaller. Its extensive patent portfolio is available for licensing to semiconductor and electronics companies to address design challenges at advanced technology nodes. A description of Tela’s patent portfolio as well as a listing of all of Tela’s U.S. patents can be found on Tela’s website.Read More»
Taiwan Semiconductor (TSMC), the world’s leading microchip foundry company, will invest $65 million in California-based start-up Tela Innovations through its venture capital arm TSMC Partners.
Founded in 2005, the US company is seen as one of the brightest prospects in electronic design automation (EDA) technology for the semiconductor industry, having already gained investment from key chip players Intel, Qualcomm, Cadence and KLA-Tencor.
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TSMC invests in EDA David that slew Google Leading foundry Taiwan Semiconductor Manufacturing Co. Ltd. (Hsinchu, Taiwan) has said it intends to invest about $65 million in EDA startup Tela Innovations Inc. (Los Gatos, Calif.).
The investment is being made through TSMC Partners, according to a Digitimes report that referenced a company filing with the Taiwan Stock Exchange as its source.
Read more at: eetimes.com
Jessie Shen, DIGITIMES
TSMC Partners, a TSMC unit engaged in making investments in semiconductor companies, will buy about 10 million shares of Tela Innovations for US$6.24 a share or a total of US$65 million, according to a company filing with the Taiwan Stock Exchange (TSE).
The transaction will enable TSMC Partners to hold a 25% stake in Tela, the filing disclosed.
In February 2009, TSMC and Tela formed a strategic partnership to develop co-optimized design solutions using Tela’s patented lithography-optimized design technology and TSMC’s derivative processes.
read full article here: digitimes.com
Taiwan Semiconductor Manufacturing Co Ltd:Subsidiary TSMC Partners, Ltd. to acquire 10,420,868 shares of Tela Innovations, Inc. at $6.24 per share with amount of $65 million.TSMC Partners, Ltd. to hold ,420,868 shares (25 pct stake) of Tela Innovations, Inc. after investment.
Read more at: Reuters