Sunnyvale, CA--July 22, 1996--Avant! Corp. (Sunnyvale, CA) announced the receipt of a contract valued at more than $50 million from a worldwide electronics company. The contract is believed to be the largest product purchase contract ever awarded to an electronic design automation software supplier.
The two companies also signed a strategic partnership agreement which ensures that each company will have early access to the other's technologies. The electronics company will combine Avant!'s IC design technology and their own process technology to produce chips for their next-generation communication, information, education, and entertainment (CIE) products.
The contract enables the customer to purchase Avant!'s existing and future IC design automation software products over a five-year period. Included are the new ArcCell family of place and route tools; Planet family of floorplanning tools; Star family of simulation, timing, analysis, and RC extraction tools; VeriCheck family of physical verification tools; and Solar family of synthesis-oriented layout refinement tools. Under the terms of the contract, other software products currently under development at Avant! may be purchased, in addition to IC design products that will become available over the next five years.
1208 E. Arques Ave.
Sunnyvale, CA 94086
Fax: (408) 738-8508
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