Sunnyvale, CA--May 30, 2000--HDAC, Inc., a provider of verification technology for RTL designers, announced it haschanged its corporate name to Averant, Inc.
The Averant name was chosen to represent the company's strategic positioning in verification technologies. Averant is focused exclusively on providing static verificationproducts for designers.
Averant is a newly coined word formed from two key components, the verb "aver," and the suffix "-ant." The "aver" root means "confirm to be true" and impliesconfirmation of design intent, and the guarantee of correctness. The suffix "-ant" implies a proactive approach to business, the company said.
"We chose Averant for the way it sums up who we are today, and where we're going next," said Graham Bell, director of marketing for Averant. "We are changing theway ASIC designers do verification."
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