SmartDV 2020 Revenue Increases by 51%

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Growth Attributed to Expanded Design, Verification IP Portfolio, New Customers.

www.semiconductor360.com, Feb. 03, 2021 – 

SAN JOSE, CALIF. - February 3, 2021 - SmartDV™ Technologies, the Proven and Trusted choice for Design and Verification Intellectual Property (IP), today announced revenue growth of 51% over 2019 and increased profitability in 2020.

Growth is attributed to several factors, including additions to SmartDV's Design and Verification IP portfolio. Multi-year agreements and 26 new customers in North America, Japan, Europe and Asia, which grew 126%, contributed to SmartDV's success in a variety of market segments, including networking, automotive and serial bus, storage and video and memory. In 2020, SmartDV saw an increased licensing demand of close to 70% for Verification IP and a 300% increase in demand for Design IP solutions.

Additionally, the acquisition of a portfolio of silicon-realized, minimal area controller Design IP for MIPI and USB interfaces in 2020 will help fuel growth this year by strengthening SmartDV's offerings for mobile and high-speed communications application markets.

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