News Article
InSilica surpasses 2 million units shipped
InSilica Corp. announced that is has surpassed the 2 millionth customer unit shipped.
"Hitting the 2 million units shipped mark is a key milestone for InSilica and validation on our ability to deliver on complex ASICs which have aggressive specifications and volume ramps," stated Balaji Baktha, InSilica's President and CEO. "Few fabless semiconductor companies established in recent years can state such an accomplishment or in fact ever reach this magnitude. We look forward to continued growth and success."
InSilica continues to expand its customer footprint and recently expanded into the Korea, Taiwan, and Japan markets with sales and support presence in those locales which will enable it to better service end customers there.
The volume shipment milestone and expanded sales presence build on the momentum of the recently announced major financing round of US$18M. The company has numerous customer engagements, IP development projects, and partnerships which it expects to disclose publicly over the coming months.