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Sonics Signs First Customer For ICE-Grain Power Architecture, Closes 2015 With Addition Of Five New SonicsGN NoC LicensesMILPITAS, Calif., Jan. 12, 2016 /PRNewswire/ -- Sonics, Inc., the world's foremost supplier of on-chip network (NoC) technologies and services, today announced that it has signed an agreement with the first customer for the company's ICE-Grain™ Power Architecture that was introduced in May 2015. The customer, a global player in the consumer electronics and semiconductor industries, will incorporate Sonics' hardware-based power management and control technology into a high volume mobile application. In the fourth quarter of 2015, Sonics also added five new licensees of SonicsGN for use by customers integrating heterogeneous IP on systems-on-chip (SoC). "We are excited that our concept of autonomous power management and control in hardware is gaining traction with a major manufacturer of chips and systems," said Grant Pierce, CEO of Sonics. "This is the first step in productizing our power management IP and brings significant credibility to the hardware-based approach and potential energy savings it provides versus traditional software-based approaches. Our flagship NoC continues its success in the market particularly with SoC designers in China, and we anticipate strong demand for SonicsGN in 2016 while we ramp up the power management business." About Sonics, Inc. Contact: Erica Harbison
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sonics-signs-first-customer-for-ice-grain-power-architecture-closes-2015-with-addition-of-five-new-sonicsgn-noc-licenses-300203163.html SOURCE Sonics, Inc. |