Sonics Expands Market Lead in Network-On-Chip

MILPITAS, Calif., April 22, 2014 /PRNewswire/ -- In the latest release of its Market Share: Semiconductor Design Intellectual Property, Worldwide, 2013 which was release on March 27, 2014, Gartner, Inc.'s report showed that Sonics, Inc. had not only retained its lead over the other network-on-chip suppliers, but that its lead had significantly expanded. In addition, the report data confirms that Sonics is the leading private Semiconductor IP vendor.

This table was created by Sonics based on data from Gartner's Semiconductor Design IP Revenue, Chip Infrastructure, Worldwide, 2012 and 2013 ($M) report.  Source: Gartner (March 2014)
[Note: Mentor Graphics revenue in this segment is not from Sonics core market of on-chip network IP.]

"Sonics continues to do the hard work to support its current customers and prepare for their on-chip network needs," said Grant Pierce, president and CEO of Sonics, "Sonics has continued to expand its lead in the network-on-chip market." Referring to the details of the report Pierce continued, "The 2013 data shows that Sonics revenues were more than six times that of our nearest competitor. In fact, we had nearly two-thirds of the revenue in the entire Chip Infrastructure segment. This year we have already announced some important new technology advancements in the areas of power management and chip debugging. We have several more significant product announcements to make in this year."

Randy Smith, Sonics' vice president of marketing commented, "We are happy to be able to set the market straight as to Sonics' leadership in this market segment. Sonics has steadily relied on its integrity, technology, and results to move its business forward." Smith explained Sonics technological lead saying, "Sonics is on its fourth interconnect fabric architecture in 17 years. The second and third generation fabrics are still in use and thriving. The most recent fabric, supporting SonicsGN™, is the only commercial NoC architecture utilizing on-chip routers."

Anyone wishing to purchase the full report, Market Share: Semiconductor Design Intellectual Property, Worldwide, 2013, should contact Gartner, Inc. directly.

About Sonics, Inc.
Sonics, Inc. (Milpitas, Calif.) is the global leader in trusted on-chip network (NoC) technologies used by the industry's top semiconductor and electronics product companies. Sonics was the first company to develop and commercialize NoCs, accelerating volume production of complex systems-on-chip (SoC) that contain multiple processor cores. Our comprehensive NoC portfolio delivers the communication performance required by today's most advanced consumer digital, communications and information technology devices. Sonics' NoCs are integral to the success of SoC design platforms that innovators such as Broadcom®, Intel®, Marvell®, MediaTek, and Microchip® rely on to meet their most demanding SoC integration and time-to-market requirements. Sonics' holds more than 138 patent properties supporting products created by a global customer list that have shipped more than two billion SoCs. For more information, visit sonicsinc.com, and follow us on Twitter at twitter.com/sonicsinc.

Contact: Brandi Cook
McClenahan Bruer, on behalf of Sonics, Inc.
brandi@mcbru.com
503-546-1010

SOURCE Sonics, Inc.