EnSilica PLC - Oxfordshire, England-based chip maker of mixed signal application specific integrated circuits, or ASICs - Wins a design & supply contract for a mixed signal controller ASIC to be used in automotive and industrial motorised actuators, with an unnamed European client. It anticipates the contract value to exceed $31 million over the course of seven years. Chief Executive Officer Ian Lankshear says: ‘Our new European customer has excellent standing in the industry, and we are very pleased to become their ASIC partner of choice. This design win adds to the strong portfolio of ASICs we have in the design phase, further supporting the visibility of our recurring revenues.’
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