The $13 billion Singapore-headquartered Flextronics has announced that it is investing in InSilica, a system-on-a-chip (SoC) solutions company, which was initially funded by Vinod Dham, co-founder of Intel and considered to be Father of the Pentium chip. | |
| Flextronics also announced that it is expanding its silicon development capabilities by selecting InSilica as its SoC development partner. |
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| InSilica, with its expertise has so far delivered industry leading microprocessors, networking, graphics, wireless and audio/ video products for both infrastructure and consumer applications. |
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| Said Ash Bhardwaj, president, Flextronics ODM (Original Design Manufacturing): "In addition to meeting our goal to expand our existing SoC solutions, we chose InSilica as our partner because of its world-class design capabilities, growing IP portfolio and access to cost-effective resources in Bangalore." |
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| InSilica is a 70-member company and 50 of them are in Bangalore, designing and developing solutions for its customers. |
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| InSilica with this fresh round of funding of $10 million will be doubling this professional strength in Bangalore in another year's time and has a revenue target of $100 million by three years. Currently, the company has revenues of $15 million. |
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