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Achronix Semiconductor Corporation

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Year established

2004

Location

Santa Clara CA US

Primary Industry

Semiconductors

About

Founded in 2004 and based in California, US, Achronix Semiconductor company operates as a manufacturer of FPGAs, FPGA IP, chiplets, design tools, and accelerator card solutions for communication applications. The company was co-founded by Clinton W. Kelly, John Lofton Holt, and Virantha N. Ekanayake, and in January 2021, agreed to merge with ACE Convergence Acquisition Corp., a special purpose acquisition company sold for USD 330 million. As a result, Achronix is expected to be listed on Nasdaq under the ticker symbol “ACHX”. The company offers FPGA products and supporting software tools used to build reconfigurable digital circuits and real-time processing applications used in 5G types of equipment and cloud computing for targeted industries such as networking, optical/telecom, high-performance computing, and military and security. The company revenue is generated from developing FPGAs and FPGA IP. Achronix Semiconductor Corporation plans to use January 2021 funds to form an actual future strategy. Achronix’s new Speedster7t and Speedcore products, built on leading-edge process technology, have contributed to a design pipeline value in excess of USD 1.1 billion and are expected to drive Achronix’s future growth.
Current Investors
BlackRock, ACE Equity Partners, Hedosophia

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Primary Industry
Semiconductors
Sub Industries
Electronic Components & Semiconductor Wholesalers, Electronic Components, Fabless Semiconductors
Website
www.achronix.com
Verticals
Artificial Intelligence, Manufacturing
Total Amount Raised
Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Dec 2020

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Employee Data

Employee Graph

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