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To: Jim Oravetz who wrote (22)10/20/2003 1:17:04 PM
From: Jim Oravetz   of 40
 
The big switch: SRAM-replacement DRAMs
By Brian Dipert, Technical Editor -- 10/16/2003
EDN


AT A GLANCE
Per-bit price and radiation tolerance are tempting reasons to ponder a DRAM transition.
PSRAMs strive to mimic the SRAMs they're aiming to replace.
High-speed DRAMs deliver fast random accesses, albeit not to the same degree as supercharged SRAMs.
Conventional memories may deliver all the speed and low power you need at a budget-friendly price.
Fully investigate the alternatives before picking a champion.

Sidebars:
The big picture


As the number of functions you're squeezing into your system designs increases and as the required amount of code and data RAM proportionally—or, more likely, exponentially—also grows, the cost-per-bit advantage of DRAM over SRAM becomes more difficult to ignore (Figure 1). To decide whether a switch from SRAM to DRAM might make sense, you might first want to recall why you chose SRAM in the first place. Perhaps you just didn't want to hassle with DRAMs' multiplexed address bus, refresh requirements and access-collision avoidance, varying cycle times in random-versus-sequential modes, or other idiosyncrasies. Good news: Latest generation PSRAM (pseudo-SRAM) DRAMs are looking and acting more than ever like the SRAMs they're striving to replace.

Maybe power-consumption concerns drove your initial selection of SRAM instead of DRAM. SRAMs, after all, don't incorporate a perpetually leaking per-cell charge-storage capacitor that requires periodic refreshing, bloating the memory's standby-current draw. Striving for the lowest possible standby current is also one of the key motivations that drove the conversion from four-transistor-two-resistor SRAM cells to today's dominant six-transistor-cell approach. At modern deep-submicron lithographies and low supply voltages, though, all those transistors' leakage currents combine to slowly but surely narrow the gap between SRAM and DRAM standby-current draw. Keep in mind that the power-consumption differences between DRAM and SRAM may look more significant on paper, when you do a component-versus-component data-sheet analysis, than they are in real life, when you need to squeeze a multi-SRAM array into your system to match the density of the alternative single-chip DRAM.

Power-optimized DRAMs enable you to turn off refresh to all or a portion of the device. If the memory finds use as an oft-updated video buffer, for example, you might not even need to refresh it at all. And in applications requiring high performance, the memory is in standby mode such a small percentage of the time that standby-power-consumption differences between SRAM and DRAM become largely irrelevant. DRAM's low price may be nice, but its higher reliability than SRAM in the face of alpha-particle and cosmic-ray bombardment may end up being an even more compelling reason to choose it (Reference 1). The higher capacitance of a DRAM storage cell than that of an SRAM latch means that DRAM is more immune to the bit-flipping injected charge of incoming ionizing radiation. Reliability-cognizant design of the DRAM cell can further improve its radiation tolerance, and system-level parity and EDAC (error detection and correction) boost the memory subsystem's reliability to an even loftier level (Reference 2).

And what about speed; doesn't SRAM still hold an edge here? Indeed it does; fundamentally, accessing an active-transistor-latch structure is faster than reading or writing a passive storage capacitor. A hefty percentage of the overall performance difference between the two technologies, though, derives from DRAM's cost-focused die-size-slimming decisions; DRAM could be almost as fast as SRAM if it incorporated large sense amps, numerous small sub-arrays, and other architecture alterations, but then the favorable price differential between it and SRAM would evaporate. The bottom line is that, with every lithography reduction, DRAM naturally gets faster, and, for an increasing number of applications, it's fast enough, which is all that really matters, right (Reference 3)?

Slow sippin'

DRAM manufacturers have for years been professing their commitment to non-PC markets, but, as long as PCs gobbled up all the chips the suppliers could make, DRAM vendors never had to move beyond talking the talk to walking the walk of developing and delivering products tailored for other applications. Before now, you were stuck with minor specification and packaging tweaks that vendors made to fundamentally PC-defined chips. The advantage of this approach was that you benefited from the high-volume cost efficiencies of the PC market. The disadvantage, though, was that you ended up with a chip that only marginally met your unique needs if at all.

Much as the high-speed SRAM vendors have split into two opposing camps—the QDR Consortium and the SigmaRAM Consortium—PSRAM suppliers have generally divided themselves into two alliances, with the exception of companies such as Hynix, which, at least for now, seems content to go it alone (Reference 4). The CellularRAM Co-Development Team originally comprised Infineon and Micron Technology, and Cypress Semiconductor joined them in September 2002. In May, the alliance announced that Infineon was sampling 16- and 32-Mbit parts, that Micron was making 32- and 64-Mbit variants available for sampling, and that Cypress was scheduled to ship its first samples next year. CellularRAMs come in asynchronous-SRAM-compatible, 48-bump BGA packages; some densities are also available in 54-bump, superset-featured packages that support NOR-flash-compatible page mode and full synchronous burst mode for reads and writes.

The contending alliance, with The Jetsons-reminiscent acronym COSMORAM (Common Specifications for Mobile RAM), which emerged in February, comprises Fujitsu, NEC, and Toshiba. Integrated Silicon Solution also touts PSRAMs compatible with COSMORAM specifications. COSMORAM is the latest output of a multistage partnership between the three companies that began in late 1998 when they announced a joint approach to flash-plus-SRAM multidie chips (Reference 5). In the spring of 2002, they extended their partnership to include page-mode SRAMs and the stacked multidie devices that contained them, and COSMORAM is a further extension that incorporates support for synchronous PSRAMs but is, unfortunately, pinout- and otherwise-incompatible with CellularRAM.

Fujitsu adapted its 64-Mbit-page-mode FCRAM (fast-cycle-RAM)-based devices, which have a 32-bit data bus, and its 32-Mbit, 16-bit-bus FCRAM devices to fit the COSMORAM specifications, and, less than two months ago, the company announced a 128-Mbit PSRAM. Fujitsu calls its parts Mobile FCRAMs to signify the emphasis on low power consumption, and the company's product portfolio also includes conventional asynchronous 16- and 32-Mbit memories. Fujitsu originally developed FCRAMs, as their name implies, for applications requiring high performance. The highly partitioned FCRAM array delivers power advantages, too, specifically in the necessity of activating only the portion of the array necessary to service a pending access request.

Although CellularRAMs and COSMORAMs differ in their details, quite a bit of conceptual commonality exists between them. They internally handle array refresh operations without need for external control, and you also needn't worry about whether you're accessing a location that's undergoing a simultaneous in-progress refresh. Minimally, you can turn off refresh for the lowest possible power consumption; documentation often refers to this mode as deep power-down. Some chips also support the ability to refresh only a portion of the array. You might even be able to adjust the refresh rate to account for the current ambient operating temperature, because storage capacitors more rapidly "bleed" charge when they're hot. With some devices, your system processor needs to determine the temperature using circuitry external to the memory and subsequently write a value to a PSRAM register, whereas more advanced PSRAMs integrate the temperature-monitoring and refresh-rate-adjusting functions.

Speed racers
Perhaps not surprisingly, two opposing camps have also emerged to do battle for the future of ultra-high-speed DRAMs. Ironically, the teams comprise many of the same players as in the low-power PSRAM tug of war. Fujitsu was one of the pioneers in developing fast DRAMs. The company's high-speed FCRAMs came in variants with both multiplexed and nonmultiplexed and, therefore, SRAM-like address buses. Other, alternatives to Fujitsu's high-speed FCRAMs include Ramtron with its now-defunct EDRAMs and synchronous ESDRAMs; NEC with its similarly obsolete Virtual Channel DRAM; and MoSys, whose MDRAM has achieved much greater success as an embedded memory than as a discrete device, with the notable exception of its presence, both embedded and discrete, in Nintendo's GameCube (Reference 6).

At least for the moment, however, Fujitsu is content to allow its FCRAM licensees, Toshiba and, more recently, Samsung, carry the high-speed torch while it focuses on low-power applications for the technology. The highly segmented FCRAM array is beneficial not only in minimizing active current draw but also in enabling fast reads and writes by shortening the internal address- and data-routing lines and by employing a multistage pipeline that allows multiple accesses to simultaneously be in different points of internal progress. Toshiba's first-generation Network FCRAMs acted as a superset of DDR-1 SDRAMs, operating at higher random-access speeds but maintaining their predecessors' I/O interfaces and organizations, along with a unified bidirectional data strobe (Table 1).

Second-generation Network FCRAM-II parts, which Toshiba's recently announced 288-Mbit device exemplifies, incorporate parity-inclusive 9-, 18-, and 36-bit I/O-organization options, befitting their networking-application focus, and they migrate to dual unidirectional strobes—an approach that, its backers claim, is easier to implement in a high-speed-system design. Commensurate with these architectural tweaks, the parts run at greater-than-333-MHz clock rates and have random-access times as low as 20 nsec. FCRAM advocates tout not only the memories' fast random accesses, but also their high bus efficiency, along with an estimated 15% lower power consumption than that of DDR-I SDRAM at the same frequency. Toshiba plans a 512-Mbit Network FCRAM-I device in early 2004 and a 576-Mbit FCRAM-II upgrade in early 2005.

RLDRAM (reduced-latency DRAM), which Infineon and Micron Technology offer, arrived later to market than FCRAM, yet its backers claim that their additional development time has been well-spent, resulting in a superior approach. FCRAM-II meets or exceeds many of the first-generation RLDRAM features, specifically those regarding bus width and read and write speeds. Unlike FCRAMs, RLDRAMs come in both multiplexed (for RLDRAM-II only) and nonmultiplexed (for both RLDRAM generations) variants; the multiplexed option enables designers to build packages with fewer pins, and the nonmultiplexed alternative improves address-bus and, therefore, access efficiency (Table 2).

RLDRAM-II also incorporates on-die termination with user-programmable impedance, an on-die DLL, and optional separate data-input and -output buses. The separate-buses feature is reminiscent of QDR SRAMs and Sigma-RAMs, which also include separate data-input and -output buses. All of these features increase die size, pin count, and, therefore, cost, both for the die itself and for the package containing the die, but RLDRAM's suppliers claim that the architecture's advantages more than justify the higher price. They also claim that competitor FCRAM's low yields counterbalance its smaller dies. RLDRAM-II's vendors optimistically, I think, based on their schedule-prediction track record, anticipate that it will achieve first-silicon status by year-end and that it will operate as fast as 400 MHz, along with delivering FCRAM-like 20-nsec random-access cycles.

Conventional developments
Note that, with both FCRAM and RLDRAM and unlike PSRAM, you're responsible for externally controlling DRAM refresh and handling any access collisions with in-progress refresh. Memory-controller designs from IP (intellectual-property) providers, such as Denali Software with its Databahn line, along with chip suppliers, such as Altera and Xilinx, ease the frustration of this stipulation. However, it opens the door to your consideration of more mainstream DRAM variants. DDR SDRAMs in short-trace point-to-point configurations, such as on graphics boards, are now available at speeds of 500 MHz, translating to 1-Gbps-per-pin peak-transfer rates, and manufacturers are developing even faster DDR-II versions. Random-access cycles are much slower than bursts, but if your design's memory-access patterns are highly predictable, these chips may deliver the optimum price/performance combination for your application.

Rambus proponents also hope that RDRAM will have a role in your future system designs, both with high-speed versions of Direct RDRAMs and with its next-generation XDR DRAMs, previously known by their Yellowstone code name. Only time will tell if partners Elpida, Samsung, and Toshiba deliver first XDR silicon on schedule in the first half of next year, if the parts' performance and price match today's hype, and if risk-averse system engineers aware of the company's tumultuous PC past are willing to give it another shot at success. Currently planned XDR chips will initially appear in 512-Mbit densities with 16-bit data buses that deliver 6.4 or 8 Gbytes/sec peak data rates, along with corresponding 40- or 32-nsec row-cycle times.

My suggestion that you consider mainstream high-performance DRAM also applies to LPDRAMS (low-power DRAMs), which usually lack on-chip refresh controllers and other PSRAM circuits. However, these omissions mean that the chips are available in higher densities with lower per-bit costs than PSRAM alternatives. Infineon and Micron, which are apparently both fond of forging partnership programs with fancy marketing names, are synchronizing their respective developments of Mobile DRAMs, as Micron calls them. (Infineon calls them MobileRAMs.) To Micron's credit, the visionary company first discussed with me many of the concepts now finding their way into LPDRAMs many years ago at an International Solid State Circuits Conference (Reference 7).

Many of the other companies that this article mentions, along with other large DRAM suppliers such as Elpida, are also developing low-power-tuned SDRAM variants that are more or less compatible with early specification drafts coming from JEDEC-standardization efforts. At a minimum, when researching your options, you'll likely find chips that run at lower voltages and therefore draw less current, albeit perhaps running at lower speeds, than their PC-targeted peers. You might also uncover self-refresh capability, along with a deep-power-down mode that shuts off refresh to the entire chip. Some devices support finer grained subdivision of refresh enable versus disable; others might allow you to control the refresh rate based on ambient temperature; and a few might even integrate the temperature sensor, as do their PSRAM brethren. Happy hunting! I suggest that you extensively model various memory alternatives in your application before crowning a winner. Many vendors offer functional models in Verilog and VHDL formats, and Denali Software's SOMA models provide an industry-proven, unbiased alternative approach.


--------------------------------------------------------------------------------
References
Dipert, Brian, "Banish bad memories,” EDN, Nov 22, 2001, pg 61.
Dipert, Brian, “Manufacturing manipulations miniaturize memories,” EDN, Dec 26, 2002, pg 16.
Dipert, Brian, “Which way? Buyers and sellers at the crossroads,” EDN, April 24, 2003, pg 38.
Dipert, Brian, “Standards setters spar for SRAM supremacy,” EDN, Feb 21, 2002, pg 53.
Dipert, Brian, “Silicon contends with stuffed and shrinking packages,” EDN, June 13, 2002, pg 49.
Dipert, Brian, “Cutting-edge consoles target the television,” EDN, Dec 20, 2001, pg 47.
Dipert, Brian, “BAT-RAM saves Gotham City and you from excessive battery drain,” EDN, March 1, 2001, pg 22.

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To: Jim Oravetz who wrote (23)11/25/2003 11:44:57 AM
From: Jim Oravetz   of 40
 
MoSys Verifies SOC at 90nm Online staff -- 11/24/2003
Electronic News

MoSys Inc. today announced initial silicon verification of its high-density system-on-a-chip (SoC) embedded memory device at 90 nanometer.

MoSys's technology was verified on NEC Electronics 90nm standard logic process. NEC Electronics is also manufacturing silicon testchips for the company's quad density 1T-SRAM-Q embedded memory technology.
Today's verification announcement marked the most recent in the partnership between Sunnyvale, Calif.-based MoSys and NEC in a relationship that spans multiple process generations and memory technologies starting in 1999.

"MoSys has already very successfully partnered with NEC Electronics to deliver leading-edge SoC embedded memory solutions in high volume," said Mark-Eric Jones, vice president and general manager for intellectual property at MoSys, in a statement. "We look forward to continuing and broadening this relationship."

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To: Jim Oravetz who wrote (24)12/11/2003 8:32:23 AM
From: Jim Oravetz   of 40
 
EDN Best Products of 2003: Manufacturing manipulations miniaturize memories By Brian Dipert -- 12/26/2002
EDN

With 1T-SRAM-Q, MoSys builds on the cell-shrinking foundations of the technology's IT-SRAM-R predecessor (see "Memory advancements yield high reliability, better performance," EDN, Feb 21, 2002, pg 14). This time around, the company has not only reduced the size of each DRAM-derived cell's capacitor, but also given the capacitor a 3-D "bend" to shrink its planar footprint. The result, MoSys claims, is that its 1T-SRAM-Q arrays are roughly half the size of first-generation 1T-SRAM versions and one-quarter the size of 6T-SRAM counterparts (Table 1, Picture). The trade-offs are that the product requires one extra mask and one additional etching step, along with a potential implant step for threshold-voltage adjustment with some processes.

The 1T-SRAM-Q technology creates no planarization issues, because the capacitor structure extends down into the silicon substrate, versus building above it, and requires no incremental logic-disrupting thermal cycles. Depending on the density and percentage of total die area that your embedded-memory array consumes, the incremental processing complexity and cost of 1T-SRAM-Q over 1T-SRAM and 1T-SRAM-R alternatives may or may not make sense. MoSys claims that it won't charge you any more for 1T-SRAM-Q beyond the normal 1T-SRAM-R licensing fees. The company does, though, plan to charge foundries an incremental fee for access to the technology, so you'll likely incur additional, indirect cost.

MoSys (Monolithic System Technology), 1-408-731-1800, www.mosys.com.

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Memory advancements yield high reliability, better performance
By Brian Dipert -- EDN, 2/21/2002

MoSys' 1T-SRAM, a DRAM derivative, now comes in an ultrahigh-reliability variant (see "Standards setters spar for SRAM supremacy," this issue, pg 53). DRAM has higher cell capacitance and smaller cells than SRAM. Assuming that all other factors, including process lithography, array density, and packaging, are equal, these qualities give DRAM greater tolerance of oxide-defect-, alpha-particle-, and cosmic-ray-created errors (see "Banish bad memories," EDN, Nov 22, 2001, pg 61). But because MoSys' partners manufacture 1T-SRAM on metal-rich logic processes rather than polysilicon-prevalent DRAM processes, 1T-SRAMs have historically delivered slightly lower cell capacitance and, therefore, lower reliability than true DRAMs.

At first glance, 1T-SRAM-R might appear to be a step backward, because the company has shrunk the cell and, therefore, the capacitor size by 20% from the 1T-SRAM predecessor (Picture). However, the silicon area this approach frees up means that MoSys can include ECC bits and associated Hamming Code logic with no overall increase in array size and a significant overall increase in reliability compared with both the 1T-SRAM and the DRAM alternatives. MoSys prices 1T-SRAM-R with an incremental licensing fee but no incremental per-unit royalty payments over 1T-SRAM, and the company estimates that the XOR ECC will slow memory performance by no more than 10%.

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To: Jim Oravetz who wrote (25)12/17/2003 3:38:07 PM
From: Jim Oravetz   of 40
 
Sanyo Licenses MoSys' Embedded Memory Online staff -- 12/15/2003
Electronic News

reed-electronics.com 

Sanyo Electric Co. Ltd. has licensed MoSys Inc.'s 1T-SRAM embedded memory technology for its consumer product SOC designs, it was announced today.

"With today's requirements for larger embedded memories, together with the needs of increased speed and lower power, SOC designers are demanding radically new embedded memory technology. We believe that we can meet these new challenges by adopting MoSys' 1T-SRAM memory," said Toshio Suganuma, a senior manager at Sanyo, in a statment.

MoSys' 1T-SRAM technologies have been silicon-proven in six process generations and are in high-volume production in many consumer and communications products.

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To: Jim Oravetz who wrote (26)1/26/2004 12:53:32 PM
From: Jim Oravetz   of 40
 
Two IP vendors pave the road to low power
By Ron Wilson EE Times
January 19, 2004

SUNNYVALE, Calif. — The push for low-power ICs in advanced processes has produced little consensus beyond the notion that no single fix will do. Designers can no longer get by with just reducing voltage and, in designs at 130 nanometers and below, two kinds of leakage compound the difficulty of using energy efficiently: subthreshold leakage through a channel and gate leakage through a gate dielectric.

Solutions require the cooperation of device designers, EDA tool designers and chip architects, with no one party holding the magic bullet.That truth is apparent with this week's scheduled announcement of two products that aim to support advanced low-power design techniques: a low-power 130-nm logic library from Virtual Silicon Inc. and a six-transistor SRAM compiler from Monolithic System Technology Inc. (MoSys).

The Virtual Silicon library is designed to ease the implementation of a "power islands" design approach that separates a chip into modules operating at different voltages. Each module's voltage is set at the minimum necessary to meet its performance requirements.

"This is a technique that has been developed inside very large design teams as a proprietary approach, by piecing together things they had and could develop for themselves," said Barry Hoberman, president and CEO of Virtual Silicon (www.virtual-silicon.com). "We are offering this library, based on the standard 130-nm TSMC [Taiwan Semiconductor Manufacturing Co. Ltd.] process, so that ordinary design teams can use the technique as well."

The VIP Powersaver library includes special elements necessary for the power islands approach, explained vice president of marketing John Ford. There are cells to isolate voltage regions from each other and to perform level shifting for signals passing between islands; flip-flops that consume about half the power of their standard compatriots; and clock-gating cells. There are also more-subtle elements, such as circuits to provide the supply voltages to the level shifters, that are not readily apparent from the surface.

All of these cells are implemented in a standard TSMC logic process, and do not rely on TSMC's special low-leakage process. "We've found that many design teams are avoiding the special process," said Mark-Eric Jones, vice president and general manager for intellectual property (IP) at MoSys. "It does an excellent job of reducing leakage, but at a cost of nearly twice the dynamic power of the high-speed process."

The Powersaver library, which is deliverable now, is the first step in Virtual Silicon's road map, Hoberman said. Many other aspects of design have to be addressed as well to achieve low power at these geometries. Some, such as memory compilers and EDA tools, will come via relationships. Others, more susceptible to Virtual's internal circuit design expertise, will be addressed through new product lines.

The first example of the relationship strategy is the coordinated announcement from MoSys (www.mosys.com). The company, known for its 1T SRAM IP, is announcing a compiler for 6T SRAM, a product to help attack the power problem.

"We have already announced the 1T-SRAM-mobile technology to reduce the leakage current from our 1T arrays by about three-quarters," said Jones. "But the 1T arrays are only optimal for relatively large memories-half a megabit or more. Our customers have been asking if we could apply the technology we developed for controlling leakage to smaller memory arrays."

MoSys started the 6T effort with TSMC's standard 6T SRAM cell. "It is already optimized for the process and would be hard to improve in terms of area or performance," Jones said. The company then added technology developed for the 1T architecture: internal biasing techniques that use the standard TSMC cell design but improve the leakage, and optimizations of the sense amps and peripheral circuitry that surround the array. The result is over 50 percent reduction in leakage, MoSys said.

MoSys also made macro-level changes. Instead of developing a separate 8T cell for dual-port SRAM, it used the multiplexing strategy used in the 1T arrays to get full dual-port functionality-without blockages but at a slightly lower performance than single-port-using the 6T cell. The company found that combining the optimized 6T cell with peripheral circuitry for dual-port functionality was actually denser than using less-optimal 8T cells.

On-the-fly correction
Just as important, MoSys added its transparent on-the-fly error-correction circuitry to the SRAM compiler, so that at a designer's discretion even small 6T SRAM arrays can have error protection. This not only slashes soft-error rates to under 10 FiT/megabit, but eliminates the need for redundant cells, laser trimming or electrical switching to preserve yields.

The Virtual Silicon and MoSys announcements are synchronized not only in time but in technology-the libraries and the SRAM compiler have been tuned to interoperate. But that is just the beginning of the relationships the companies are weaving to give design teams a seamless approach to low-leakage design.

At the tool level, the companies are working closely with Synopsys Inc. to make sure that its tools can take advantage of the new libraries and use the multiple views necessary to see the characterization of the cells at all their different voltage points. Similarly, Virtual Silicon is working with National Semiconductor Corp.'s PowerWise initiative at the architectural level, and is reportedly also cooperating with some of the IP and platform design houses involved in PowerWise.

"None of these techniques is new," Hoberman said. "They all have been available here and there to the best-funded, strongest design teams. What we are trying to do is to pull all the fingers together and give design teams a hand, so to speak-to pull all these ideas into one place and put them into a standard flow for a standard process."

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To: Jim Oravetz who wrote (27)2/24/2004 1:02:01 PM
From: Jim Oravetz   of 40
 
MOSY Aquired: Synopsys Dn 13.5% Lowered 04' View, Acquisitions
Roger Cheng Of DOW JONES NEWSWIRES

NEW YORK -- Synopsys Inc. (SNPS) shares fell more than 17% Tuesday after cutting its 2004 guidance and making what some analyst have characterized as pricey acquisitions.

The Mountain View, Calif., maker of electronic design automation software cut its fiscal 2004 earnings guidance while reporting its first-quarter results. In addition, it plans to acquire Monolithic System Technology Inc. (MOSY) and has acquired privately held Accelerant Networks.

The company's 2004 earnings projection fell to a range of $1.30 to $1.40 a share from $1.50 to $1.60. While some of the decline is due to dilution from the deals, the remainder is from the impact of a weak dollar and headcount-related incremental investments, said Credit Suisse First Boston analyst Rohit Pandey.

Synopsys plans to acquire Monolithic for a premium of nearly 93% above Monday's closing price. While the acquisition brings a high-growth business to the company, the premium paid for the business is very high, Pandey said in a research note.

"We are not yet convinced about the synergies possible with this acquisition," he wrote.

A spokesman for Synopsys couldn't immediately be reached for comment.

Synopsys recently traded at $28.44, down $5.99, or 17.4%, on volume of nearly 4 million shares. Average daily volume is 1.8 million shares.

Monolithic recently traded at $12.90, up $5.90, or 84.3%, volume of 8.1 million shares. Normal volume is 266,175 shares.

Synopsys plans to acquire Monolithic for $432 million in a cash-and-stock deal that values the company at $13.50 a share. Monolithic closed at $7 Monday.

Credit Suisse's Pandey expressed concerns about the deal by lowering his price target on Synopsys stock to $36 from $38 a share.

Synopsys investors in the near-term will have trouble justifying the large premium paid for Monolithic, said Banc of America analyst Sumit Dhanda in a research note.

Still, Dhanda said there is potential in the long run for Monolithic's technology, adding that "Synopsys management has displayed a knack for smart acquisitions in years past."

Synopsys shares are likely to tread water in the near term, and Dhanda said it is attractively valued. The analyst retains a buy rating.

Dhanda doesn't own shares in Synopsys, but Banc of America is seeking an investment banking relationship.

Synopsys' earnings conference call was a "mixed bag of positive and negative data points," according to Pandey. The company's first-quarter earnings fell to 19 cents a share from 22 cents a year ago. Earnings excluding one-time items, however, came in at 33 cents a share, 2 cents better than Wall Street's forecast.

Several deals which fell through led to weaker-than-expected bookings in the first quarter, Dhanda added. The company, however, said the deals were successfully closed in the current fiscal second quarter, but the booking trend is still something to watch out for.

Along with the lower earnings, the company also lowered its bookings guidance and said its business would be more backend-loaded than previously expected, Pandey said in his note.

The analyst doesn't own a stake in Synopsys, but his firm does have an investment banking relationship with the company.

The electronic design automation software business is expected to pick up in the second half, since semiconductor makers, which are the industry's main customers, aren't expected to increase research and development until then. Research and development tends to lag a surge in chip demand.

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To: Jim Oravetz who wrote (28)3/3/2004 7:19:04 AM
From: Jim Oravetz   of 40
 
Synopsys acquires MoSys in $432M deal
Richard Goering
Feb 23, 2004

URL: eedesign.com 

SANTA CRUZ, Calif. — Moving aggressively towards becoming a broad-ranging provider of silicon intellectual property (IP), Synopsys Inc. Monday (Feb. 23) announced its pending acquisition of embedded memory provider Monolithic System Technology (MoSys) and its completed acquisition of fabless semiconductor vendor Accelerant Networks. Valued at $432 million in stock and cash, the MoSys acquisition is among the most expensive in EDA history.

Synopsys announced the acquisition along with the results of its first fiscal 2004 quarter, ending January 31, 2004. Synopsys reported revenue of $285.3 million, a 6 percent increase over the prior year quarter, and net income of $54.3 million, or 34 cents per share. Although in line with prior guidance, Synopsys experienced a 10 percent sequential decline from the previous quarter, and slightly lowered its 2004 earnings guidance.

The publicly-held MoSys (Sunnyvale, Calif.) provides 1T-SRAM embedded memory technology, which claims to offer higher density, higher speed, and lower power than other approaches. In its fourth quarter ending December 31, 2003, MoSys reported revenue of $3.4 million, compared to $7.9 million for the prior year quarter. The company employs 90 people.

Synopsys purchased the privately-held Accelerant (Beaverton, Ore.) for $22.5 million. The company, which employs 20, provides serializer-deserializer (SERDES) technology that Synopsys intends to incorporate into its connectivity IP portfolio.

"Our customers require rock-solid quality IP," said Aart de Geus, Synopsys CEO. "Our [IP] business has grown rapidly in the last 18 months, and customers increasingly want Synopsys to become the house supplier for the majority of their diverse IP needs."

Synopsys is moving to become a player in the "broader silicon infrastructure market," said De Geus. In Synopsys' analyst conference call Feb. 23, he noted Synopsys' investment in both IP and design for manufacturing, stating that "these areas are funded outside the traditional EDA budget and they will expand our market significantly."

De Geus said that Accelerant will strengthen Synopsys' existing portfolio of connectivity IP, and that the company's analog SERDES technology will help Synopsys support new standards such as PCI Express. MoSys, he said, marks Synopsys' move into embedded memory IP, which he said is timely given the huge portion of systems-on-chip that are now consumed by memory.

Fu-Chieh Hsu, MoSys president, said the Synopsys acquisition teams MoSys with a "strong, established company" with a large sales and support channel. "We feel we're at a stage where we can deploy our technology very broadly," he said.

Hsu said MoSys was hurt by the semiconductor recession in 2003, but is seeing strong customer interest now. The Synopsys acquisition is expected to close before the end of May 2004.

Accelerant is a provider of 6.25Gb/sec CMOS transceivers, and has sold some IP based on its SERDES technology. "We think Synopsys is going to provide an outstanding channel to get our technology in the hands of customers," said Ken Molitor, president and CEO of Accelerant.

One analyst questioned the high premium paid for MoSys, given the company's current revenues. "IP valuations are quite rich in general, and hopefully some of that will transfer to Synopsys," De Geus said. "The value of IP is very high for us."

Another asked why Synopsys hasn't raised its revenue guidance for 2005, to account for added revenue from MoSys and Accelerant. Synopsys has, in fact, slightly lowered its previous earnings guidance, reflecting what Steve Shevick, Synopsys CFO, called a "slightly more conservative" view.

De Geus said that customers remain "very controlling" about their expenditures. "They are looking at increasing their spending in the design environment in the second half, assuming things continue on the manufacturing side," he said. "So far that's looking pretty good."

Synopsys expects fiscal year 2004 revenue between $1.2 and $1.25 billion, and earnings between $1.30 and $1.40 per share, compared to $1.50 to $1.60 per share in the company's previous guidance.

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To: Jim Oravetz who wrote (29)1/4/2005 12:26:16 PM
From: Jim Oravetz   of 40
 
MoSys CEO Steps Down

Citing recent health problems, Dr. Fu-Chieh Hsu, the company's
chairman, president and CEO, has stepped down from the company. CFO
Mark Voll will assume control of day-to-day operations while the board
conducts a search for a replacement.
email.electronicnews.com 


MoSys CEO Steps Down Online staff -- 1/3/2005
Electronic News

Monolithic System Technology is losing its chairman and CEO.

The company has announced that Dr. Fu-Chieh Hsu, chairman, president and CEO, has resigned effective Dec. 30, 2004, citing recent health problems. Hsu is also a co-founder of the company.
MoSys has suffered a few setbacks this year, including an aborted acquisition by Synopsys and sagging financials.
“We are all very saddened by the departure of one of the company’s founders and one of Silicon Valley’s leading technologists,” said Carl Berg, a member of the company’s board and an original investor. “We recognize Fu-Chieh’s significant contributions and personal sacrifices in building the company.
“2004 has certainly been a challenging year for everyone at MoSys. We all wish Fu-Chieh a quick recovery and return to good health.
CFO Mark Voll will assume responsibility for operations at the company and report directly to the board as it conducts a search for a new CEO.

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To: Jim Oravetz who wrote (30)6/15/2005 7:16:33 AM
From: Jim Oravetz   of 40
 
MEMORIES: 1T SRAM for the masses

Ron Wilson
(06/13/2005 9:00 AM EDT)
URL: eetimes.com 

Fremont, Calif. — Even as design reuse evolves, taking much of the pain out of system-on-chip design for smaller design teams, embedded memory remains a problem. There are competent SRAM compilers for producing small instances of fast, if somewhat power-hungry, SRAM within a design. But for large memory instances, there have been few good solutions. Really large SRAM arrays tend to be impractical without an infinite power budget and extensive design provisions for yield and soft-error recovery. Embedded DRAM is much better about density and power, but the processes are expensive and rare, putting that option beyond the reach of teams on budgets.


One great-looking choice has been 1T SRAM from Monolithic System Technology, better known as MoSys. The approach starts with a planar, single-transistor dynamic memory cell that can be fabricated with the addition of only two masks — neither of them containing critical-dimensioned features — to a standard CMOS logic process. MoSys arranges these cells into a large number of small banks, and surrounds the entire structure with circuitry that mimics an SRAM — hiding refresh cycles, mostly concealing the intricate dance of DRAM timing and exhibiting very low power.


The result is an almost-drop-in replacement — there are a few differences in timing, aspect ratio and power, of course — for a big block of 6T SRAM. Overall area is reduced by up to 70 percent, power is slashed by up to 75 percent, and soft-error rates are cut as well.


Sounds great, but there's one big catch. And it's not availability. MoSys has worked closely with leading-edge foundries to qualify its bit cell.


The problem, rather, has been in the design flow. In the past, design teams that wanted to use 1T SRAMs had to work intimately with MoSys. In effect, the team gave MoSys the specifications. MoSys compiled and tuned a custom array with internal tools, then worked with the licensee to place, route and achieve design closure on the instance.


That process has produced some impressive chips. But it takes commitment and knowledge that not all design teams can offer. To answer this problem, MoSys will announce this week that its latest 1T technology for 90 nm is now available in two additional forms: as a set of prefabricated hard macros in specific configurations and as a compiler available for licensee use.


Since dropping a big, volatile memory array into a 90-nm SoC is not a turnkey kind of problem, downstream support from MoSys is included in the fee.


Karen Lamar, vice president of sales and marketing at MoSys, said the compiler has attracted interest among licensees not so much for use as an instance generator but for architectural exploration. Architects can quickly generate a starting-point memory array from specifications to get an idea of the worst-case size, power and performance for their system models. Then the same data can be used either to select off-the-shelf MoSys blocks or, working with the MoSys team, to refine a custom array.


The standard blocks are completed hard IP that can drop into a design directly. They include 1-, 2- and 4-Mbit low-power blocks at up to 133 MHz, and three configurations of a 1-Mbit high-speed block that can reach 266 MHz.


The Classic Macros, as the hard-IP blocks are called, are available today for a variety of foundry 130-nm processes. The 130-nm compiler is under development now, as are compilers and macros for 90-nm and 65-nm processes.

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To: Jim Oravetz who wrote (31)1/23/2006 12:39:52 PM
From: Jim Oravetz   of 40
 
Barrons article. "Super Spec" by Rhonda Brammer in the Sizing up Small Caps column.

Good overview of the company, the prospects and the negative issues presented. Rated as undervalued.

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