RCS - EnSilica PLC - New ASIC Supplier Partnership Agreement

EnSilicaAnnouncement

11/07/2022 07:00

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RNS Number : 9310R  EnSilica PLC  11 July 2022

 

11 July 2022

EnSilica plc

("EnSilica", the "Company" or the "Group")

 

New Engineering Team and associated IP

&

New ASIC Supplier Partnership Agreement

 

The new team extends EnSilica's core capabilities across the satellite
communication and 5G markets

 

EnSilica (AIM:ENSI), a leading chip maker of mixed signal ASICs ("Application
Specific Integrated Circuits"), is pleased to announce the hiring of an ASIC
implementation team, comprising of six skilled engineers, and the purchase of
related non-core IP assets from Blu Wireless Technologies Limited ("Blu
Wireless").

 

The Blu Wireless team will strengthen EnSilica's presence in advanced node
ASIC design and implementation, having developed expertise across various
Taiwan Semiconductor manufacturing. Company Ltd ("TSMC") technologies from
28nm down to 7nm fin-shaped field-effect transistors ("FinFet"). The Company
has acquired the related design flow IP used by the team from Blu Wireless for
a non-material cash payment.

 

The new team will be located in EnSilica's new Bristol facility, which will
give EnSilica the opportunity to take advantage of the excellent engineering
talent in the area.

 

In addition, EnSilica will partner with Blu Wireless to support the deployment
of Blu Wireless' high performance communication processor IP solution called
HYDRA.. EnSilica will be acting as the ASIC design and fabless semiconductor
supplier.

 

Blu Wireless is a Bristol based technology company, backed by Arm, Renesas,
Calculus Capital and others, specialising in wireless mmWave multi-gigabit
applications through high performance, scalable and flexible  equipment,
deployed across complex environments in defence, 5G cellular networks, smart
cities and high-speed transport.

 

 

Ian Lankshear, Chief Executive Officer of EnSilica plc commented:

"We are delighted to be welcoming such a skilled and experienced team to
EnSilica, which we believe will form a strong platform to attract talent in
the Bristol area, alongside strengthening EnSilica's presence in advanced node
ASIC implementation.

 

Working closely with Blu Wireless, as a quality silicon proven IP provider,
enhances EnSilica's offering in the satellite communication and 5G markets,
driven by their multi-gigabit silicon products specialising in low-power
consumption."

 

 

Alan Jones, Chief Executive Officer Blu Wireless added:

"We look forward to working with EnSilica and the exciting opportunities that
this partnership will bring. Blu Wireless already has a strong customer
engagement track record, which we believe will be further enhanced by this
partnership."

 

 

For further information please contact:

 

 EnSilica plc                                                      Via Vigo Consulting

 Ian Lankshear, Chief Executive Officer                            +44 (0)20 7390 0233

 Matthew Wethey, Chief Financial Officer

 www.ensilica.com (http://www.ensilica.com)

 Allenby Capital Limited, Nominated Adviser & Broker               Tel: +44 (0)20 3328 5656

 Jeremy Porter / Vivek Bhardwaj (Corporate Finance)                info@allenbycapital.com

 Joscelin Pinnington/Tony Quirke (Sales & Corporate Broking)

 Vigo Consulting (Investor & Financial Public Relations)           +44 (0)20 7390 0233

 Jeremy Garcia / Tara Benniman

 ensilica@vigoconsulting.com (mailto:visum@vigoconsulting.com)

 

About EnSilica

EnSilica is a leading fabless design house focused on custom ASIC design and
supply for OEMs and system houses, as well as IC design services for companies
with their own design teams. The company has world-class expertise in
supplying custom RF, mmWave, mixed signal and digital ICs to its international
customers in the automotive, industrial, healthcare and communications
markets. The company also offers a broad portfolio of core IP covering
cryptography, radar and communications systems. EnSilica has a track record in
delivering high quality solutions to demanding industry standards. The company
is headquartered near Oxford, UK and has design centres across the UK and in
Bengaluru (Bangalore), India and Porto Alegre, Brazil.

 

About Blu Wireless

Blu Wireless is disrupting the market with mmWave wireless system solutions
that are driving technological change to meet global connectivity needs, both
now and in the future. Trusted partners of the world's biggest names in
telecommunications, Blu Wireless works together with its customers to provide
complete design, testing and validation, serving emerging markets in high
speed transport, 5G cellular backhaul, defence and smart cities. Blu Wireless
has assembled a world class engineering team principally based in Bristol, UK.

 

www.bluwireless.com (http://www.bluwireless.com)

 

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