Nitto Denko invests in Algotochip

Algotochip, specialists in converting C models of algorithms directly to a complete SoC silicon IP, announced that Nitto Denko, a $7-billion Japanese company, has significantly increased its investment, making them a primary investor in Algotochip. This additional investment will enable Algotochip to expand its engineering team and to establish a global sales and marketing organization as it moves forward with its business strategy. While the Algotochip Bluebox^TM, can be used to support any SoC, ASIC or FPGA design, the company plans to expand its help to potential customers by providing foundry-ready C-code for technologies like Advanced LTE, Smart Grid, multimedia applications and other communications markets.

"Algotochip is the first company to provide a complete C-code to GDSII solution for SoCs, ASICs, FPGAs or IP Blocks," said Tak Shigihara, Algotochip's president and co-founder. "This investment from Nitto Denko will reinforce our patented approach and assist a broader array of customers."

Founded in 1918, Nitto Denko is Japan’s leading diversified materials manufacturer offering over 13,500 high-value-added products to the global market. Nitto Denko’s strength lies in its flexibility to add diverse functionalities to sheets, films and other materials, fully utilizing its core technologies such as polymer synthesis, adhesion and coating. The Nitto Denko group’s wide spectrum of specialities include optical films for liquid crystal displays, automotive materials, reverse osmosis membranes for seawater desalination, transdermal drug delivery systems, and much more.