Synplicity, Inc. FPGA Synthesis Market Share Increased 9 percent in 2004 to 67 percent

Synplicity, Inc. (Nasdaq: SYNP), a leading supplier of software for the design and verification of semiconductors, today announced the company grew its worldwide FPGA synthesis market share lead in 2004 by 9 percentage points over 2003, according to Gartner Inc., the leading provider of research and analysis on the global information technology industry. In Gartner's recently released 2005 EDA Market Trends report, Synplicity's share of the FPGA synthesis market was 67 percent based on 2004 license and maintenance revenue, compared to 58 percent in 2003. Synplicity has now held the top spot for FPGA synthesis for five consecutive years.

 

According to Gartner, Synplicity's share of the FPGA synthesis market has grown from 45 percent in 2000 to 67 percent in 2004. Synplicity attributes this rapid growth to its emphasis on product innovation, quality of results, close relationships with the silicon vendors, its focus on customer satisfaction, and its direct worldwide sales and application engineering teams.

 

"With today's FPGAs rapidly increasing in size and complexity, a premium is placed on advanced tools that enable design teams to quickly deliver outstanding results," said Gary Meyers, president and CEO of Synplicity. "Through our long-standing and close partnerships with the silicon vendors, we provide our customers with leading-edge design solutions. This, combined with our consistent delivery of innovative solutions that accelerate our customers' time to market and our investment in a worldwide direct channel that understands the challenges our customers face, allows us to establish and maintain our dominant position in the FPGA synthesis market. Moving forward, we expect the overall FPGA market to continue to grow and believe we are well positioned to meet the increased demand for tools that enable designers to meet their cost, time-to-market and performance goals."

 

Dataquest's annual market share and forecast report titled, "Market Trends: Electronic Design Automation, Worldwide, 2005, was compiled using a variety of data sources including Gartner's research, EDA vendor-submitted responses and detailed end-user surveys. Synplicity's leadership position was based on 2004 license and maintenance revenues for Synplicity's FPGA synthesis products including Synplify® Synplify Pro® and Amplify® FPGA synthesis solutions.