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News Article

eSilicon accelerates expansion in Europe

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The company extends its position in European fabless ASIC market.
eSilicon Corporation, a pioneering semiconductor value chain producer (VCP), announced several steps that it is taking to extend its position as the leading fabless ASIC supplier in Europe. The company continues to strengthen its European operations to support a growing list of customers and to satisfy an increased demand for its design and manufacturing services. Furthermore, the company now has more than two dozen customers across Europe and has shipped millions of components to this region.

As a result of the company’s significant growth in the region eSilicon has promoted Rob Cadman to vice president of European sales and operations. He is based in the company’s UK office. Mr. Cadman oversees operations that have made eSilicon one of the fastest growing and largest fabless semiconductor companies in Europe. He leads a thirty plus person European team that includes sales, design services and support functions.

A key to this strategy is the expansion of eSilicon’s Bucharest, Romania design centre adding local expertise to address its customers’ most demanding and complex chip development requirements. The company continues to look at expansion opportunities in other parts of Europe as well. As previously announced this year, eSilicon acquired the existing product lines and certain assets of SwitchCore, a Sweden based provider of high performance Ethernet network switching chips.

“Europe is strategically important to us for many reasons; not the least of which is a solid and growing customer base that understands the value of our business model. We also have key partners like ARM, Chip Idea (MIPS) and S3 in the region, and enjoy a strong partnership with TSMC’s European operations,” said Jack Harding, chairman, president and CEO of eSilicon. “Our European customers are creative, technically savvy and leaders in some of the world’s biggest and fastest growing markets which is an ideal situation for a company like ours. We are looking forward to experiencing continued growth in Europe by expanding our customer base and tapping into a very qualified workforce which has played a key role in eSilicon’s success.”

“There is a growing entrepreneurial philosophy within European companies that is making them more competitive. This is especially true in high technology sectors such as electronics and semiconductors. European companies are increasingly more committed to outsourcing functions that are not part of their core competency. For a company like eSilicon this presents tremendous opportunities to implement their unique business model and be a key driver in the future growth of high technology business in Europe,” said David B. Audretsch, Director of Entrepreneurship, Growth and the Public Policy Group at the Max Planck Institute of Economics, located in Jena, Germany.
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