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TRIAD
SEMICONDUCTOR WITH ASSISTANCE OF MONTREAL INTERNATIONAL LAUNCHES CANADIAN
EXPANSION: 26/01/2008 (MaximsNews Network)
UNITED
NATIONS - / MaximsNews Network / - 26
January 2007 -- The
fabless ASIC company Triad Semiconductor,
Inc., with the assistance of Montréal International, has recently
launched its first subsidiary – Triad MDG (Montréal Design Group), Inc. in
Laval, in the Greater Montréal area to respond to the expanding worldwide
interest in its mixed-signal ASIC, (application-specific integrated circuit)
solutions.
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 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.
Pierre Desroches, Chairman of the
Board of LAVAL TECHNOPOLE, Semiconductor to the Laval Technopole stated,
"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 world."
Triad MDG (Montréal Design Group), a
wholly owned subsidiary of Triad Semiconductor is located at 3090 Le Carrefour
Blvd., Suite 304, Laval, Québec.
Triad
Semiconductor, Inc. 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 Carolina., Québec.
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
Internationalis financed by the private sector, the Montréal Metropolitan
Community, the City of Montréal and the governments of 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 more infomation contact:
Céline Clément, Montréal International, (514) 987-9390, celine.clement@montrealinternational.com
Labels:
Canada,
Montréal International,
Triad Semiconductor, Pierre
Brunet, Lynn Hayden,
Montréal
Design Group
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