Zilog Inc. has acquired a 20% equity stake in of Qualcore Group Inc., a semiconductor design firm with operations in India and Sunnyvale, Calif.
Qualcore specializes in designing microcontrollers and microprocessors, as well as ASSPs using soft processor-core architectures. Zilog has a portfolio of microcontroller, microprocessors, and DSPs, which the company believes can be further exploited through system level integration as part of the company's Extreme Connectivity effort.
"This engineering investment should pay tremendous dividends to our customers," said Curtis J. Crawford, chairman, president, and chief executive of Campbell, Calif.-based Zilog. "Qualcore has a demonstrated record of innovative design, and most importantly, shortening the semiconductor design cycle for customers in the embedded control and processor markets. With Qualcore's assistance we expect to accelerate the pace of product introductions."
Qualcore is a holding company with two wholly owned subsidiaries: Qualcore Logic Private Ltd., Hyderabad, India, and Virtual IP Group Inc., Sunnyvale. The company currently has 120 employees, including more than 100 design engineers.
During the past several months, Zilog has become a major customer of Qualcore, Crawford said.
"We are thrilled to work with Zilog because it has an exceptional customer franchise, a committed management team, and the will and the vision to become a world leader in the semiconductor industry," said Dasaradha R. Gude, chairman and chief executive of Qualcore.