CAMBRIDGE, United Kingdom, May 13, 2013 -- UltraSoC announced today that it is working with PMC-Sierra to incorporate its innovative silicon IP technology into PMC’s next generation of storage controllers. This development program, which is expected to lead to PMC taking a licence, incorporates UltraSoC’s library of advanced, feature-rich debug IP at the leading edge of embedded systems for PMC. UltraSoC’s UltraDebug® product provides a system-level capability for multiple heterogeneous processor cores, including graphics cores and custom accelerators, and enables early detection of software and hardware bugs as well as other important optimisation capabilities for memory interfaces and system fabrics.
The technology, which is anticipated to be rolled out in chips in the latter part of 2013, and the imminent silicon validation of UltraDebug® on an advanced process node, will represent a significant milestone in the Company’s development enabling new licensees a high level of confidence in the adoption of a universal debug solution.
UltraSoC’s CEO, Karl Heeks said, ‘As future generations of complex SoC’s deliver ever more sophisticated electronic products it will be necessary to integrate increasing amounts of heterogeneous multicore processors. In order to effectively debug these systems it will be hugely beneficial to have a flexible and scalable solution provided by an independent company as an alternative to current in-house solutions or existing debug technologies that are linked to a single architecture.’
VP of Product Development for PMC’s Enterprise Storage Division, Salman Ghufran said, “Analyzing complex hardware and software interactions in high-end SoCs requires insight into what is happening through the entire device. PMC partnered with UltraSoC because we recognized that their unique monitoring and debug infrastructure would give us the needed visibility to both enhance our device operation and accelerate our time to market for our customers.”
The Company, which is backed by Octopus, is pioneering advanced debugging technology for the embedded systems increasingly used in everyday products from cars to mobile phones. The Company is developing a universal debug, UltraDebug®, that will support any silicon IP from any semiconductor vendor and which will facilitate the increasingly complex system-on-chips (SoCs) that are required to provide the functionality and performance of sophisticated electronic products.
About UltraSoC Technologies
UltraSoC Technologies is a VC-backed independent provider of SoC infrastructure to enable rapid development of embedded systems based on advanced SoC devices headquartered in Cambridge. For more information please visit www.ultrasoc.com or contact Dr Karl Heeks on 01223 422133.
The Ventures Team at Octopus
The ventures team at Octopus are straight talking human investors that back talented people rather than specific sectors. We focus on identifying fast growth businesses which can scale explosively to create, transform or dominate an industry. We can invest from £250,000 to £5 million and prefer to partner teams based in the UK. The work of our ventures team is supported by access to the Octopus Venture Partners, a network of approximately 100 outstanding business leaders, entrepreneurs and private investors providing an invaluable wealth of expertise and resource for our portfolio companies, as well as investing on a deal-by-deal basis alongside Octopus venture funds. This blend of knowledge and skill has allowed us to help many great companies across several sectors thrive in recent years, including: Calastone; LoveFiLM; Zoopla; Graze.com; SwiftKey; and, Secret Escapes.
About Octopus Investments
Founded in 2000, Octopus is one of the UK’s fastest growing investment management companies. We currently manage £2.9 billion assets on behalf of 50,000 customers. We offer a straight-talking approach to investments, exceptional customer service and a range of products that do what they say they will. Working closely with over 3,000 financial advisers and wealth managers, often via strategic partnerships, we provide tax efficient investment solutions and discretionary fund management services to retail investors. Our core products include a range of venture capital trusts, enterprise investment schemes, inheritance tax services and a discretionary fund management solution. We focus on areas of the market that are inefficient and where we believe hard work pays off for our customers. Our four areas of investment expertise are: ventures; specialist finance; smaller companies; and multi manager. We have dominant or high-growth positions in all of these markets, and invest into some of the UK’s most dynamic smaller companies, providing a wide range of funding options for exceptional businesses. Over the last decade, Octopus has won a number of awards for its customer-driven product design and services. We’ve twice been voted one of the best 100 SMEs to work for, we’re one of only two investment firms to have ever been rated AAA for service by Citywire, and in November 2012 we were awarded the Financial Adviser 5 Star Award for quality service from investment product providers. For more information visit www.octopusinvestments.com .
