Synopsys to develop low-cost solutions

By siliconindia   |   Friday, 25 January 2008, 19:21 IST
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Kolkata: The Indian operations of the U.S. based electronic design automation (EDA) company Synopsis will focus on developing software tools that will enable chip designers to meet the price expectations of customers in the region, reported Business Line. According to Dr Pradip K. Dutta, Corporate Vice-President and Managing Director of Synopsis (India), the consumer electronics market in countries such as India and China is growing at a fast pace. Clients in the EDA space are looking at products that consume less power. "Innovation in design, manufacturing and distribution is going to be the business model of the future", he said. Sysnopsis' largest engineering site outside of North America is in India. The company currently has its operations in Bangalore, Hyderabad and Noida and employs 650 people. Its headcount is expected to go up to 800 within the next two years. "EDA is a niche area and India provides the talent pool that is required in this domain", he said. Dr Dutta said EDA is a $5-billion industry and is poised to grow rapidly given the growth in the consumer electronics industry and wireless applications.