San Jose, California, Sept. 27, 2017 (GLOBE NEWSWIRE) -- NetSpeed Systems Inc. announced today that DENSO Corporation, a leading global automotive supplier of advanced technology, systems and components, has licensed NetSpeed’s Orion on-chip network IP and Pegasus last-level cache for use in System-on-chip (SoCs) targeting Advanced Automotive Electronic Platforms including autonomous driving (ADAS, Autopilot) systems.

Automobiles are undergoing a dramatic transformation. Design efforts once focused almost exclusively on mechanical power trains and body styling are shifting toward advanced sensing and processing. As cars become autonomous, the SoCs inside that drive them need to be designed differently. SoC design must become much more efficient, error-free, and adaptable to meet next generation of challenges. Achieving the levels of performance, sensing, and functional safety required needs a whole new level of capability. Global leaders like DENSO are leading the charge by spearheading systems and solutions targeted towards the ADAS and autonomous driving systems. NetSpeed’s interconnect technology, with its combination of IP and the Design Cockpit, brings together performance, sensing, and safety, and leverages automation for breakthroughs in automotive design. 

“NetSpeed’s interconnect IP offer the outstanding performance, flexibility and advanced functional safety features needed for our products,” said Hideki Sugimoto, General Manager, Semiconductor IP Department, Basic Electronic Technology Unit, DENSO at DENSO. “Furthermore, NetSpeed Pegasus offering is one of a kind IP that allows us to build scalable platform solutions delivering unprecedented performance, power results.”

"We are excited to be working with DENSO, a company with world-class expertise, experience and an extensive technology portfolio,” said Sundari Mitra, CEO and co-founder of NetSpeed. “DENSO is well positioned to deliver SoC products to drive tomorrow’s automotive systems. With NetSpeed’s IP and the advanced functional safety features it delivers - ISO 26262 ASIL D Compliance - DENSO will be able to utilize its IP more effectively to create richer and more powerful SoC solutions.”

About DENSO CorporationDENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totalled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com. 

About NetSpeed Systems NetSpeed Systems provides scalable, coherent on-chip network IPs to SoC designers for a wide range of markets from automotive to high-performance computing and networking. NetSpeed's on-chip network platform delivers significant time-to-market advantages through a system-level approach, a high level of user-driven automation and state-of-the-art algorithms. NetSpeed Systems was founded in 2011 and is led by seasoned executives from the semiconductor and networking industries. The company is funded by top-tier investors from Silicon Valley. It is based in San Jose, California and has additional research and development facilities in Asia. For more information, visit www.netspeedsystems.com.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4d7db019-9436-4124-ac93-a56639ae9cce

Pauline Shulman
NetSpeed Systems
415-375-0303
pauline@pshulman.com