7/5/2002 - ARC International (LSE.ARK), a world leader in configurable SoC platform technologies, today declared its intention to register its semiconductor IP portfolio on the Virtual Component Exchange (VCX).
The VCX, developer of TransactionWare™ - software tools for trading IP on the Internet - and creator of the VCX TradeFloor exchange, will include ARC's IP in its Listing - a registry of more than 350 hardware and embedded software IP blocks from more than 25 key vendors in the Semiconductor Intellectual Property industry.
ARC International plans to list its world-class, user-customisable ARCtangent™ 32-bit RISC/DSP processors, RTOS, peripherals and development tools. ARC currently has its VAutomation range of communication peripheral cores listed. VAutomation, a former subsidiary of ARC, is now fully integrated with the parent company under the ARC International brand. In effect, ARC International has become a one-stop shop for designers looking for embedded RISC/DSP processors, RTOS, software, peripherals and development tools -- SoC solutions that have been fully integrated, tested and guaranteed to work together.
The VCX Listing provides IP sellers with an efficient means of marketing their IP directly to qualified and registered IP buyers and also through the growing community of VCX Gateway partners. Using VCX TransactionWare software, engineers at each Gateway location can search for VCX-tradeable IP, obtain details on each IP block and request access to more confidential data. Based on industry standards, the software tools provide vendors and integrators of IP with a common protocol and language to facilitate data access, evaluation, and contracting protocols. The result is faster decision-making and a reduction in cycle-time for license completion, reducing time-to-market for both buyer and seller.
"The VCX has come to be regarded as the source of trusted data for semiconductor IP. It's also a very efficient marketing channel, enabling us to maintain our portfolio of processor, peripheral and software IP in one location, ready to be directly accessed by a growing number of chip designers worldwide" said Mike Gulett, president and chief executive of ARC International. "In addition, our own objectives fit well with those of the VCX - to provide a faster route to market, and to reduce the risk and development cost associated with trading IP".
"We are pleased that ARC has decided to reaffirm its commitment to the VCX and list its IP. The VCX Listing is delivering real value to buyers and sellers, and there's more to come. Our goal is to catalyse the SoC and IP markets, and we continually strive for that, adapting to market needs and using our technology to open up the market." said Andy Travers, CEO of the VCX. "Reducing cost of sales is a prime goal for sellers in this increasingly competitive market. ARC International joins a growing number of IP vendors that want to take advantage of the efficiencies provided by the Exchange to help them meet that goal."
The Virtual Component Exchange is a unique Business-to-Business (B2B) software and E-commerce company focused on producing Internet tools for trading Intellectual Property. It has already delivered the first regulated exchange for trading Semiconductor Intellectual Property (SIP): the VCX TradeFloor. Powered by VCX TransactionWare™, the TradeFloor tools link the Engineering, Procurement and Legal functions of both Buyers and Sellers with a common toolset and language. Alignment of data evaluation, access and contracting protocols between Buyers and Sellers, using industry standards, dramatically accelerates the speed of SIP transactions, fulfilling the common business imperative of getting more products to market in shorter time cycles. Distributed Internet access to the VCX TradeFloor is provided through the VCX Gateway that distributes VC data and transaction agents to the web-based market, extending the reach and value for Buyers and Sellers alike. To find out more about the VCX TradeFloor, or to access the VCX market channel, visit the web site at www.thevcx.com
About ARC International
ARC International is an industry leading developer of embedded user-customizable, high-performance 32-bit RISC/DSP processor cores, with integrated development tools, peripherals, RTOS and software. These integrated products and solutions are a result of the acquisitions of MetaWare, VAutomation and Precise Software Technologies. ARC's integrated intellectual property solutions assist customers in rapidly developing next generation wireless, networking and consumer electronics products, reducing time to market, reducing their cost, reducing the number of IP suppliers and reducing their risk for System-on-Chip products. Products based on ARC's technology include digital still cameras, set-top boxes, and network processors.
ARC International employs more than 200 people in research and development, sales, and marketing offices across North America, Europe and Israel. Full details of the company's locations and other information are on the company's web site, www.ARC.com. ARC International is listed on the London Stock Exchange as ARC International plc (LSE:ARK).
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