[^]

Jan 11, 2011

Jasper Opens Israel R&D Center

MOUNTAIN VIEW, Calif – Jasper Design Automation, provider of advanced formal technology solutions, today announced the opening of its fourth international R&D Center in Haifa, Israel. Jasper also has R&D Centers in Belo Horizonte, Brazil; Goteborg, Sweden; and at its headquarters in Mountain View, Calif.

Jasper Israel is located in the Matam Scientific Industries Center, one of the country’s largest high-tech parks and home to numerous multinational companies including Intel, Google, Microsoft, Philips, Zoran, and others. Focused on advanced product development and research, the Israel-based team will play a significant role in the technology and business advancement of the company’s industry-leading formal technologies.

“Israel has the ideal mix of high-technology business, innovation and educational infrastructure, making it perfect for our needs,” Ziyad Hanna, Jasper Vice President of Research, Chief Architect, and General Manager of Jasper Israel said. “Jasper continues to invest heavily in R&D worldwide, and being in Israel places us close to leading-edge designers and additional great talent in software and hardware to continue our growth and innovation.”

Jasper R&D drives new product development across the spectrum of applications for the company’s advanced formal verification technology. More than one-half of the company’s headcount are active in R&D, and the majority of them hold PhDs.