New group serves growing worldwide demand for mixed-signal ASIC support
MONTREAL, Jan. 17 /CNW Telbec/ - Addressing rapidly increasing global
interest in its mixed-signal ASIC (application-specific integrated circuit)
solutions, fabless ASIC company Triad Semiconductor, Inc. today opened its
first subsidiary - Triad MDG (Montréal Design Group), Inc. in Laval, in the
Greater Montréal area. Triad MDG is staffed by senior engineers under the
direction of General Manager Richard Prescott. It expands Triad's design
operations and offers both advanced internal analog intellectual property (IP)
development and design, as well as external sales and application engineering
support for the Canadian market.
Lynn Hayden, Chief Executive Officer at Triad Semiconductor said,
"Opening Triad MDG signals a new phase in Triad's business development. Having
this Canadian subsidiary extends our support base and enables Triad to bring
our cost-effective, high-performance mixed-signal ASIC designs to more
companies involved in medical, industrial, communications, sensor and other
applications. Customers worldwide are seeing the benefits with a lower NRE
(non-recurring engineering) and faster time to production, along with the
ability to make design changes quickly and inexpensively."
Montréal International provided assistance to Triad Semiconductor during
the key stages of its set-up project and will continue to help the company
expand its activities in Greater Montréal. According to Pierre Brunet,
Chairman of Montréal International's Board of Directors, "Triad
Semiconductor's decision to open its first Canadian subsidiary in Laval is
wonderful news and further evidence of the many advantages enjoyed by foreign
businesses that invest in Greater Montréal."
Prescott added, "the Montréal region has been an important centre of
high-technology for many years, known for its aerospace, electronics,
telecommunications, life sciences and transportation industries, and for its
engineering services and R&D. It is an ideal location for Triad MDG, and we
look forward to serving companies throughout Canada and beyond with the cost
and time benefits of Triad's mixed-signal ASIC designs."
"Greater Montréal is also recognized for its extremely dynamic business
environment, its highly skilled, multilingual workforce; the excellent
reputation of its universities; the vitality and creativity of its
entrepreneurs and cultural industries; as well as its very affordable cost of
living and its quality of life, unique in North America," added Brunet.
For his part, Pierre Desroches, Chairman of the Board of LAVAL
TECHNOPOLE, was most gratified to welcome Triad Semiconductor to the Laval
Technopole. "In expanding here, Triad is enriching the critical mass of
Laval's e-POLE by joining a network of international-calibre businesses
capable of inventing, producing, marketing and competing anywhere in the
Triad MDG (Montréal Design Group), a wholly owned subsidiary of Triad
Semiconductor is located at 3090 Le Carrefour Blvd., Suite 304, Laval, Québec.
About Triad Semiconductor (www.triadsemi.com)
Triad Semiconductor is a fabless ASIC company that develops, prototypes
and produces mixed-signal ASICs for production volumes from the low thousands
to millions. Its patent-pending Via Configurable Array (VCA) technology
creates ASIC arrays with silicon-proven analog and digital functions, reducing
the time, cost and risk associated with full custom layout. Triad's via-only
routing also significantly reduces engineering effort and fabrication time,
resulting in fast-turn prototypes and design changes at minimal cost. Founded
in 2003 and privately held, Triad is headquartered in Winston Salem, North
About Montréal International (www.montrealinternational.com)
Montréal International was created in 1996 as a result of a
private/public partnership. Its mission is to contribute to the economic
development of Greater Montréal and to enhance its international status. Its
mandates include attracting foreign investment, international organizations
and strategic workers, and supporting the development of innovation and
high-technology clusters in the metropolitan region. Montréal International is
financed by the private sector, the Montréal Metropolitan Community, the City
of Montréal and the governments of Canada and Québec.
Since 2000, Montréal International has been involved in 379 direct
foreign investment projects totalling $5.6 billion. From these investments,
28,186 jobs have been created and 5,459 jobs have been maintained.
For further information:
For further information: Céline Clément, Montréal International, (514)