Embedded Systems Design Europe - March 2008 - (Page 8)

news Coverity raises $22m as European business booms Coverity Inc. has raised its ﬁrst round of external funding with a $22 million investment by Foundation Capital and Benchmark Capital. The company has seen ﬁve consecutive years of positive cash ﬂow growth and also grew in Europe by 300 percent in 2007. It will use this investment for acquisitions, internal product development, and further expansion into international markets. The company says its Prevent static analysis solution is now used by hundreds of thousands of developers. The company’s expanded product portfolio will allow Coverity to establish a new presence in targeted segments of the market for application lifecycle management tools, a sector which Gartner has predicted will grow in European to more than $2.9 billion in 2011. Steve Machernis, European managing director at Coverity said, “Coverity is hiring aggressively throughout Europe while cultivating our network of partners.” Coverity has recently augmented its board of directors by adding Tony Zingale, who was formerly president and CEO of Mercury Interactive; Aki Fujimura, who is currently chairman/CEO of D2S and formerly was CTO of Cadence Design Systems; Bruce Dunlevie of Benchmark Capital; Paul Holland of Foundation Capital; and Mike Schuh of Foundation Capital who was formerly CEO at Intrinsa, and vice president of sales at Clarify and Cadence. Help is on hand for Europe’s industrial control developers EE Times Europe has launched its ﬁrst DesignLine – Industrial Control DesignLine Europe. The site offers product news, indepth technical papers and how-to articles, with a European perspective. The website supports engineers during the detailed design phase of their project, when they need to delve deeply into the software and hardware details of their designs. During this phase, engineers need access to many different types of information, ranging from product speciﬁcations to how-to instructions and troubleshooting hints. The information on the site is focused on this phase of the product development cycle as well as on the speciﬁc requirements of industrial electronics – and all this with an unmistakably European ﬂavor which it will develop over time. There is also an editor’s blogs, commenting on latest trends and events in the industry. See: www.industrial-europe.com XC2200 ARM7/9/11 TriCore MPC55xx H IG H S PE T ED RO F LE S BU XIB LE Milestones in embedded systems How far we’ve come? Jack Ganssle and the Embedded Systems Design staff have created a list of some of the important happenings in the history of embedded systems. It can be viewed at www.embedded.com/ timeline and we invite comments and suggestions. Are we missing any events or inventions that are pertinent to embedded systems? Do you have any good photos you’re willing to share? Send your suggestions and photos to srambo@techinsights.com or log on to the forum on the website and post your comments. 8 MARCH 2008 | embedded systems design europe | www.embedded.com/europe 008_ESDE.indd 8 7/03/08 12:09:51 http://www.industrial-europe.com http://www.embedded.com/timeline http://www.embedded.com/timeline http://www.pls-mc.com http://www.embedded.com/europe

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Embedded Systems Design Europe - March 2008 Distributors to Increase Embedded Focus Kontron and Quanta to Join Forces Coverity Raises $22m as European Business Booms Help is at Hand for Europe's Industrial Control Developers Milestones in Embedded Systems Microsoft is Recruiting for Embedded Center in Aachen European Designers to Win Cash for Green Designs Duo Work on Smaller Form Factor Europe Invests in Real-Time Java for Multicore Systems Curtiss-Wright Buys Pentland Systems Designing DSP-Based Motor Control Using Fuzzy Logic Lower the Cost of Intelligent Power Control with FPGAs Virtualizing Embedded Linux Back to the Future: Manchester Encoding Is Multicore Hype or Reality New Products Advertising Contacts

Embedded Systems Design Europe - March 2008

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