Business Services Industry
QThink is Honored by Nollenberger Capital Partners in Their Top 200 Private Technology Companies for 2008 Report
Business Wire, June 10, 2008
SUNNYVALE, Calif. -- QThink[R], the world wide market leader in pure-play IC design services, announced that Nollenberger Capital Partners, Inc. (NCPI), a privately held investment banking and advisory services firm, has selected QThink in their Top 200 Private Technology Companies for 2008 Report. Based on proprietary and industry-wide analysis, NCPI chose companies that they believe are poised for significant growth and, as such, their solutions must be innovative, have demonstrable revenue traction and pursue large, addressable markets, among other criterion.
"Nollenberger Capital Partners examined thousands of private company business models, financials and management teams that are transforming markets and creating new opportunities. The Top 200 report identifies an exciting group of emerging growth companies with strong leadership in the next wave of disruptive and innovative technologies and services," said Rick Juarez, managing director and head of Investment Banking for Nollenberger Capital Partners.
QThink was selected based on the company's track record of success serving high growth companies in the wireless and networking sector and their exceptional design expertise and strategic relationships with leading semiconductor companies.
"We are pleased to be included by Nollenberger Capital Partners in
their Top 200 Private Technology Companies Report for 2008," said Akbar Shokouhi, president and CEO of QThink. "In fact, 2008 is proving to be an exciting year for us as we are experiencing strong demand for our design services due to QThink's vast seasoned design and verification engineering expertise, especially from our long term Tier-1 SoC customers."
The semiconductor industry's design services sector represents one such segment of the technology market poised for significant growth going forward, particularly with the continued advancements in complex chip technologies and the increasing need for effective, accurate design and verification services.
"A recent report by Frost & Sullivan forecasts an impressive 20.1% CAGR for the period 2006 to 2010 for the world wide VLSI design services market. We believe this represents a substantial opportunity at an estimated $3.2 billion market in 2008, increasing to $4.6 billion by 2010. This puts the world wide VLSI design services sector on par with the EDA industry in terms of size," said Kent Shimasaki, managing director at Nollenberger Capital Partners.
The special report can be found on Nollenberger Capital Partners' website at www.NCPI.com.
About QThink[R]
QThink[R] is a world leader in providing ASIC and SoC design services to leading-edge semiconductor companies world wide. QThink offers flexible technical and business engagement models with customer design interfaces covering architecture and specification to logic design and verification to physical implementation. QThink's robust and optimized methodology, coupled with an extensive team of design experts, has continuously demonstrated on-time and right-by-construction silicon tapeouts. QThink's vast pool of engineering experts are engaged with complex designs from 130nm to 45nm, targeting broad market requirements from low-power handheld to high performance networking and storage devices. QThink has successfully delivered over 200 designs to date. QThink has strong partnerships and collaborative relationships with EDA vendors, embracing state of the art design automation tools. For more information about QThink, please visit www.qthink.com.
About Nollenberger Capital Partners, Inc.
At Nollenberger Capital Partners, we believe that success is a shared vision. We are an investment banking and advisory services firm providing investment banking, private client services, public finance, and retirement plan services. Our high-touch approach combines experienced advisors providing insight-driven solutions. We have one goal in mind, our clients' success. For more information about Nollenberger Capital Partners, please visit www.NCPI.com.
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