( ESNUG 563 Item 5 ) -------------------------------------------- [11/01/16]

Subject: Raik on it's only OneSpin vs. Jasper in formal; not SNPS nor MENT
                DAC'16 Troublemakers Panel in Austin, TX

   Cooley: Raik?

     Raik: Yes.

   Cooley: Wasn't OneSpin a dead company, like three years ago?  So are
           you a zombie company or a Lazarus company?

     Raik: It was four years ago.  And I believe some may have pronounced
           us dead because the former CEO Peter Feist made a bad decision
           not to go to DAC one year.  I was screaming at him, but
           couldn't change his decision.

   Cooley: He said, "Don't go to DAC".

     Raik: Yes.  But we were there all the time and we transcended now
           from selling to some friends, to having a profitable company.
           We are supporting ourselves, we are profitable, and we actually
           can execute on our mission.  And you'll probably want to know
           what that is: 

           It's making formal the third leg of verification, together with
           simulation and emulation.

           So that's the thing, to provide solutions that target things
           like SystemC verification, or FPGA synthesis verification,
           precise coverage for formal...

           And safety critical verification - a new topic.

   Cooley: How do you, little OneSpin, compete against the package deals
           that Cadence, Mentor and Synopsys have?

     Raik: Well, I'm surprised you ask that.  As you would probably
           remember from the period like 20 ago until now, innovation
           came most of the time, only from smaller and private companies
           that focus exclusively on key technology that they own.  When
           you're agile enough and responsive enough you can really
           make a difference.
     
           At OneSpin for example, we have been pioneering coverage
           for formal, and nowadays there are only two major players in
           formal that I see - there's Jasper and there's OneSpin.

           It just takes a lot of time to get the technology right. So
           anybody can say they have some technology.  Anyone can have
           a formula engine -- but making it a real solution takes a
           lot of customer experience and running with people.

           If you want some context, we were founded in 2005, Jasper was
           founded in 1999, and it just takes a long, long time to make
           it really work.

             [ Editor's Note: This was Raik making a jab at Aart's
               two year old formal tool, VC Formal.  - John ]

         ----    ----    ----    ----    ----    ----    ----

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