EnSilica, a leading chip maker of mixed signal application specific integrated circuits (ASICs), announced that it has been awarded an $18 million design and supply contract by a leading European based supplier of electromechanical products for a Cortex M series Arm-based mixed signal sensor interface ASIC to be used across a range of automotive and industrial applications. The total value of the contract is estimated to exceed $18 million over seven years.
EnSilica has been selected due to its significant experience in developing mixed signal design ASICs, alongside a proven track record of bringing automotive and industrial chips to high volume production. The part will be qualified to the stringent automotive standard AEC-Q100 grade 0 and EnSilica’s in-house functional safety flow will be used to design the ASIC to meet the requirements defined in ISO26262 Automotive Safety Integrity Level B (ASIL-B).
Ian Lankshear, CEO of EnSilica, commented: "This is another exciting design win that enhances our growing portfolio of ASICs and further improves the visibility of our recurring revenues from chip supply. This new European customer is highly respected in the industry and has a strong track record of shipping its products in high volume. This contract is a testament to the company’s ability to deliver high-quality, reliable solutions that meet the evolving needs of the market and further demonstrates our team’s commitment to excellence and innovation which continues to drive our success and position EnSilica as a premier European ASIC supplier.”