LogicVision, Inc. announced that it has entered into a "definitive agreement" to acquire SiVerion, Inc., a privately held Arizona-based provider of parametric yield analysis solutions. LogicVision says the acquisition will "significantly broadens LogicVision’s yield enhancement solutions. The combined technologies provide a powerful infrastructure for automated yield learning, which LogicVision expects will result in accelerated time-to-yield > > for advanced designs and processes."

Also per the Press Release: "LogicVision has agreed to acquire SiVerion by issuing two million shares of its common stock and $2 million in cash at closing, plus a contingent future payment of up to $2 million if the per share price of LogicVision common stock is less than $3.00 on the two-year anniversary of the closing date. SiVerion > > will become a business unit of LogicVision, will retain all its employees, including its president Thomas Martis, and will continue its operations in Arizona. Gregg Adkin, a general partner of Valley Ventures, SiVerion’s primary investor, will join LogicVision’s board of directors. The terms have been unanimously approved by the boards of directors of both companies, and the transaction is expected to be completed later this month, pending approval by SiVerion’s stockholders."

EEMBC (the Embedded Microprocessor Benchmark Consortium) and IPFlex Inc. announced that IPFlex has become a member of the consortium. EEMBC says that IPFlex will be a full member of the consortium's Board of Directors, "with full voting rights on all major issues decided by the consortium, plus full access to all of the EEMBC benchmarks."

Markus Levy, EEMBC President, is quoted in the Press Release: "We are pleased to welcome IPFlex to EEMBC. The addition of IPFlex to our membership roster boosts awareness of EEMBC in Japan, and we look forward to the results that IPFlex will obtain by running the EEMBC benchmarks through its hardware generation tools."

Aprio Technologies Inc. formally announced the company and its funding, as well as the company's "strategic technology direction." They intend to play in the DFM space. Prior to the November 1st announcement, the company was in a "stealth mode." The company now says that initial products will be announced soon. Aprio was founded in January of 2003 by Clive Wu and Daniel Ho, and were joined by Randy Smith in December 2003. The company has had two rounds of funding, with total dollars standing at more than $10 million to date.

Previously, Aprio CEO & CTO Wu was Engineering Vice President at Numerical Technologies. Wu has a PhD from Stanford, and "has authored more than ten patents on resolution enhancement technology (RET) and DFM." Daniel Ho is Aprio’s co-founder and Vice President of Engineering and Operations. Previously, he e was a "founding member" of Ambit Design Systems, and also worked at both Valid Logic and Cadence Design Systems. Randy Smith is Aprio's Vice President of Sales and Marketing. Previously, he was co-author of the business plan for and a founding member of Tangent Systems, later acquired by Cadence. Smith also served in senior positions at TriMedia Technologies, Artisan Components, Gambit Automated Design, and Celestry Technologies.