CAMPBELL, Calif., Nov. 13, 2013 /PRNewswire/ -- Arteris Inc., the inventor and leading supplier of network-on-chip (NoC) interconnect IP solutions, today announced it ranked 144 Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Arteris grew 922 percent during this period.
"This is our first year on Deloitte's esteemed list, and we are extremely pleased to be ranked among America's fastest growing technology companies," said K. Charles Janac, President and CEO of Arteris. "Arteris created the world's first commercial network-on-chip interconnect fabric IP technology, and this milestone clearly reflects its rapid adoption rate. We look forward to celebrating this accomplishment with our customers and continuing to deliver interconnect IP fabrics that meet their increasingly complex needs."
"The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "This year's list is a who's who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next."
"The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront," added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. "The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year."
Arteris FlexNoC is the leading interconnect fabric IP chosen because it provides chip design teams with key advantages:
- Accelerated time-to-market through shorter design cycles
- Reduced die size and cost of chips
- Ability to produce multiple chip versions based on a common SoC platform
- Greater interconnect speeds resulting in improved performance
- Reduced power consumption due to advanced clock and power management features, and fewer gates and wires
Arteris, Inc. provides Network-on-Chip interconnect IP and tools to accelerate System-on-Chip semiconductor (SoC) assembly for a wide range of applications. Customer results obtained by using the Arteris product line include lower power, higher performance, more efficient design reuse and faster SoC development, leading to lower development and production costs. More information can be found at www.arteris.com.
About Deloitte's 2013 Technology Fast 500™
Technology Fast 500, conducted by 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 2008 to 2012.
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.
Arteris, FlexNoC and the Arteris logo are trademarks of Arteris. All other product or service names are the property of their respective owners.
SOURCE Arteris Inc.