Scicom Infotech ties up with Credence Systems

Friday, 17 December 2004, 20:30 IST
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NEW DELHI: Scicom Infotech Pvt. Ltd. (Scicom) has tied up with the $ 500 Million Credence Systems Corporation of USA for providing product development services for the latter’s automatic test systems division. As per the agreement between the two companies, Scicom and Credence will jointly establish a Noida Product Development Center (NPDC) that will provide specialized services for developing new technologies and products in testing, validation and characterization at the wafer and board level. The initial tenure of services will be for 3 years. During this period an estimated $6 Million worth of services will be provided under the contract in various R&D activities. Speaking on the development, Dr. Indranil Chakravarty, Managing Director, Scicom, said, “I am delighted that Credence has chosen us to partner with on a joint development center. Our skills and knowledge will form an integral part of the Credence product development team, and over time, I hope that many of our ideas will find their way in the spectrum of design, debug and validation products for Credence”. The product development center, based in Noida will ramp up to about 60 people in the current year and will form part of the other Credence research and development centers in San Jose and Milpitas in California, Ferndown (UK) and St. Etienne (France). Scicom is a specialized provider of research, development and engineering services for software products in the scientific and technical computing sector. It specializes in key verticals such as upstream oil and gas exploration, diagnostic imaging, semiconductor metrology and test systems, spatial information management where core modeling and simulation technologies are used to improve efficiency and productivity. The Company’s Board of Directors include eminent names like Saurabh Srivastava, who is also a Director on the board of Xansa plc. U.K. Credence Systems Corporation, an ISO 9001-certified Company, is the industry's leading provider of design-to-test solutions for the global semiconductor industry. By applying leading-edge technology to lower the overall cost-of-test, Credence delivers competitive cost and performance advantages to integrated device manufacturers (IDMs), wafer foundries, outsource assembly and test (OSAT) suppliers and fabless chip companies worldwide. Credence was founded in 1978 and is publicly traded on the NASDAQ stock market under the symbol CMOS. Headquartered in Milpitas, California, Credence maintains a worldwide presence in twenty countries.
Source: IANS
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