Deployment by Leading Storage, Computing, Networking, Communications & Consumer Electronic Companies behind Growth
Real Intent Inc., the leading provider of software products that accelerate Early Functional Verification and Advanced Sign-off of electronic designs, announced today that that the company’s revenue in the first half of fiscal 2012 increased more than 35% when compared to the last half of fiscal 2011 and the company is on track to have an annual growth of over 100% by the end of 2012. In addition, the company’s customer list grew by over 30%, adding major semiconductor companies in storage, computing, networking, communications and consumer electronics industries.
“We are building one of the world’s leading electronic design verification companies by staying focused on offering excellent circuit design tools for early functional verification and accelerating sign-off,” said Prakash Narain, CEO of Real Intent. “As a result, we are able address the needs of the world’s top-tier electronics companies, who deploy our software to verify their advanced ASICs and SoCs designs for leading-edge electronic products. We are excited by the momentum that we see in our business and the growing adoption of our solutions by design teams.”