Company Overview
Snapshot
Founded in January 1988 by Yoav Hollander, Verisity operated with 11–50 employees. The company was acquired by Cadence Design Systems in January 2005.
Business overview
Verisity developed technologies and software products for electronic design verification, specifically targeting the designs of electronic systems and complex integrated circuits. The company served markets within communications, computing, and consumer electronics, operating primarily within the Industrial Technologies sector, with a focus on chips design and semiconductors.
Company Intelligence Q&A
- What was a significant corporate event for Verisity?
- In January 2005, Verisity was acquired by Cadence Design Systems for $285 million.
- Who founded Verisity?
- Verisity was founded by Yoav Hollander.
- When was Verisity founded?
- Verisity was founded in January 1988.
- What was Verisity's primary business focus?
- Verisity provided technologies and software products for verifying the designs of electronic systems and complex integrated circuits.
- What product did Verisity launch in December 1999?
- In December 1999, Verisity launched SureLint Next-Generation Lint Checker, as reported by Globes.