MORGAN HILL, CA, October 18, 2012 /EIN Presswire/
-- BaySand, Inc., the producer of a new innovative, disruptive Metal Configurable Standard Cell (MCSC) technology, announced today that it has agreed to grant an exclusive license to Toshiba, a world leader of advanced electronics and semiconductor device manufacturing, with respect to its MCSC technology.
Under the exclusive license agreement, Toshiba now holds a license to Design, Manufacture, Market and Distribute BaySand's innovative Metal Configurable Standard Cell (MCSC) Products. The terms of this agreement were not disclosed, except that it also includes the terms for Toshiba's investment in BaySand.
"We believe that we can expand our business by actively using BaySand's innovative technology. It is one of our strategies to collaborate with innovative companies such as BaySand. Toshiba is pleased to enter into this relationship with BaySand and provide our customers cutting edge technology", said Yoshinari Terada, General Manager of Logic LSI Sales & Marketing Dept. at Toshiba.
"BaySand's breakthrough technology and products meet our strategy in product line-ups to effortlessly implement designs, and it allows us to provide benefits to our customers", said Yukihiro Urakawa, Senior Manager of Logic LSI Design Department at Toshiba
"BaySand is very pleased to enter into this alliance with Toshiba, working together both companies will deliver great products and solutions to their customers in Japan and around the world," said Seiji Miwa, BaySand Japan Operation, President and CEO.
"This alliance will help BaySand achieve its growth plans. Toshiba can provide all the necessary elements for success for development, manufacturing, marketing, and sales. We could not ask for a better partner", said Salah Werfelli, BaySand, Inc. President and CEO.
About BaySand Inc.:
BaySand is a privately held fabless semiconductor company developing metal only configurable ASIC using innovative and disruptive Metal Configurable Standard Cell (MCSC) technology. Its TeneX product family, based on BaySand's MCSC Technology, offers not only compatible density, power and performance compared to standard-cell technology but also provides unparalleled value propositions in NRE and time to market (TTM).
Headquartered in Morgan Hill, California, BaySand provides ideal and complete custom silicon solutions for FPGAs, standard-cell ASICs and customizable ASSP platforms. Visit BaySand's website at: www.BaySand.com
About Toshiba Corporation
Toshiba is a world-leading diversified manufacturer, solutions provider and marketer of advanced electronic and electrical products and systems. Toshiba Group brings innovation and imagination to a wide range of businesses: digital products, including LCD TVs, notebook PCs, retail solutions and MFPs; electronic devices, including semiconductors, storage products and materials; industrial and social infrastructure systems, including power generation systems, smart community solutions, medical systems and escalators & elevators; and home appliances. Toshiba was founded in 1875, and today operates a global network of more than 550 consolidated companies, with 202,000 employees worldwide and annual sales surpassing 6.1 trillion yen (US$74 billion). Visit Toshiba's web site at www.toshiba.co.jp/index.htm
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