| ACE invests in Compaan Design |
ACE Associated Computer Experts bv, the holding company of the ACE Group, has made a strategic investment in Compaan Design bv.
ACE invests in Multiprocessor Technology StartupHigh-potential, leading edge multicore programming technologyAmsterdam, the Netherlands - 3 March 2008 ACE Associated Computer Experts bv, the holding companyof the ACE Group, has made a strategic investment in Compaan Design bv. Compaan Design is a spin-off from one of ACE’s research partners in the field of compilation technology: the Leiden Institute of Advanced Computer Science (LIACS) of Leiden University. Compaan Design offers a high-potential, leading edge technology that will offer a solid solution to the problems that are associated with programming and development of parallel, multiprocessor, embedded systems. The Compaan technology provides the ability to quickly program complex high-performance streaming applications and map from a single specification in high-level programming languages like Matlab® or C onto today's heterogeneous multicore systems, in particular FPGA's. Previous investments of ACE Associated Computer Experts bvhave been in ACE Associated Compiler Experts bv with its flagshipCoSy compiler development system product, and in ACE Consulting bv,having a track record in solving complex and unusual IT problems. “Having a strong history in parallel computing,ACE’s investment in Compaan Design is a perfect fit with itsstrategic direction towards providing advanced tools for HW/SW co-development. We see a growing demand for programming solutions for multicore systems,” says Martijn de Lange, CEO and founder of ACE. “Our CoSy compiler development system is already being used by the industry to build different kinds of very powerful multicore compilers. The Compaan technology provides a novel, generic solution that is complementary to our current portfolio of compilation tools and technology.” “Compilers will play a pivotal role in the design and development of next-generation multiprocessor systems,” says Bart Kienhuis, founder and CEO of Compaan Design. “We are very pleased that ACE is ready to invest in the startup of our company and to assist us with introducing our product into the market. In the co-operation with ACE, Compaan Design is assured of access to best-in-class professional compilation technology.” ACE and Compaan Design will both be present with technology demonstrations at the DATE08 Conference exhibition, 11-13 March in Munich, at booths F18 and E25 respectively. About ACE The ACE Group includes two subsidiary companies,ACE Associated Compiler Experts bv and ACE Consulting bv.Both companies were founded in 1996 in order to streamline thedifferent activities and services offered.ACE Associated Compiler Experts focuses on the development andcommercialization of a portfolio of products and services forprofessional compiler construction, among which CoSy,the unparalleled compiler development system that the parentcompany had been developing together with research parties since 1990.ACE Consulting offers highly qualified IT consulting services. More information on ACE is available at www.ace.nl.More information on Compaan Design can be found at www.compaandesign.com. -END- TRADEMARKS: |