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| [November 19, 2012] |
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Berkeley Design Automation Selected as One of the Fastest Growing Companies in North America by Deloitte's 2012 Technology Fast 500™
SANTA CLARA, Calif. --(Business Wire)--
Berkeley Design Automation, Inc., provider of the world's fastest
nanometer circuit verification, today announced that the company has
been selected as one of Deloitte's (News - Alert) 2012 Technology Fast 500™ - a ranking
of the 500 fastest growing technology, media, telecommunications, life
sciences and clean technology companies in North America.
This is the second year in a row that Berkeley Design Automation has
been selected as a Technology Fast 500™ award winner. The company is
widely recognized for its technology leadership in nanometer circuit
verification via its Analog FastSPICE™ Platform and its rapidly growing
market segment share in the electronic design automation industry.
Berkeley Design Automation's chief executive officer, Ravi Subramanian,
credits the combination of the company's breakthrough nanometer circuit
verification technology, worldwide customer success with this new
technology, and tremendous execution to account for the company's
revenue growth. He said, "Being selected for the second consecutive year
for the Technology Fast 500™ is a great honor for Berkeley Design
Automation and demonstrates our tremendous growth track record and
market leadership. We are proud to again share this honor with our
customers. Our stelar team, innovative products, outstanding customer
focus, and execution discipline have helped ensure our strong and
consistent year-on-year revenue growth. I would like to thank our
customers for fueling this growth via the strong demand for our
products."
About Deloitte's 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a
ranking of the fastest growing technology, media, telecommunications,
life sciences and clean technology companies - both public and private -
in North America. Technology Fast 500 award winners are selected based
on percentage fiscal year revenue growth from 2007 to 2011.
In order to be eligible for Technology Fast 500 recognition, companies
must own proprietary intellectual property or technology that is sold to
customers in products that contribute to a majority of the company's
operating revenues. Companies must have base-year operating revenues of
at least $50,000 USD or CD, and current-year operating revenues of at
least $5 million USD or CD. Additionally, companies must be in business
for a minimum of five years, and be headquartered within North America.
About Berkeley Design Automation
Berkeley Design Automation, Inc. is the recognized leader in nanometer
circuit verification. The company combines the world's fastest nanometer
circuit verification platform, Analog FastSPICE, with exceptional
application expertise to uniquely address nanometer circuit design
challenges. More than 100 companies rely on Berkeley Design Automation
to verify their nanometer-scale circuits. Berkeley Design Automation has
received numerous industry awards and is widely recognized for its
technology leadership and contributions to the electronics industry. The
company is privately held and backed by Woodside Fund, Bessemer Venture
Partners, Panasonic Corp., NTT (News - Alert) Corp., IT-Farm, and MUFJ Capital. For
more information, visit http://www.berkeley-da.com.
Analog FastSPICE, AFS Nano, and WaveCrave are trademarks of Berkeley
Design Automation, Inc. Berkeley Design and BDA are registered
trademarks of Berkeley Design Automation, Inc. Any other trademarks or
trade names mentioned are the property of their respective owners.
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