NovaUCD-headquartered company Duolog Technologies has announced its international expansion with the opening of a new sales, marketing and support office in Los Gatos, California.
The collaborative design automation company intends to establish a presence in the Japanese market later this year and expects to grow its revenues by 50pc to US$15m during 2009.
Duolog Technologies develops software that enables chip design companies to design their products faster and with fewer bugs. The company scooped three awards at the 45th annual Design Automation Conference which took place in California last week.
Duolog was the overall winner of the ‘Most Interesting First-time Exhibitor’ award, the Trendsetter award in the ‘Best Overall New Product’ category for its Spinner tool and a Trendsetter award for ‘Best Demonstration on Exhibit Floor’.
Using Spinner’s Perfect By Construction methodology, chip design companies can eliminate bugs, greatly simplify the integration effort and radically improve quality. Spinner has been used on over 17 chips to date, including the multimedia processor chip found in the new Nokia N95 s smart phone.
“We are extremely pleased with the excitement and interest generated by our premiere at DAC and the awards we received, including recognition as a trendsetter for our Spinner tool and our product demonstrations,” commented Ray Bulger, co-founder and CEO, Duolog Technologies.
“With this exciting debut on the global stage, Duolog is now prepared to grow beyond Europe and Ireland and we will focus on introducing our products and supporting new customers firstly in the US and then in Japan, the major global markets for EDA software and complex IC design. We expect to increase our staff numbers by 10 to 15pc to support our worldwide growth.”
Duolog Technologies currently employs more than 80 people and is headquartered at NovaUCD, University College Dublin’s innovation and technology transfer centre. It also has design centres in Galway and Budapest, Hungary.
By Niall Byrne
Buy your tickets now!