EnSilica growth continues with new Bristol ASIC design office

EnSilica has opened a new design centre in Bristol

 

Extends recruitment drive following period of strong growth

Oxford, UK – October 26, 2022 – EnSilica has today opened a new design centre in Bristol. The office, its fourth in the UK, will open with a staff of 14 highly-experienced engineers and a particular focus on advanced node ASIC design.

The new office opens following a period of significant growth, and Bristol chosen for its heritage, its university links and the quality of life offered by the city.

The company is now looking to expand both in Bristol and its other offices across the UK, initiating a recruitment drive both graduate and senior levels.

The design cente joins EnSilica’s existing headquarters and design facility near Oxford, and a design centre in Sheffield. The company also has a specialist centre in Bangalore, India and a design facility in Porto Alegre, in southern Brazil.

EnSilica’s VP of SoC Engineering and head of the Bristol office, Davide Sarta said:

The city was a natural choice for us as we go through this period of significant growth. The city is home to one of the UK’s largest electronics hubs. The university is a leading centre of excellence for electronics. And the quality of life that the city offers means that many of those we’re hoping to employ will want to be there.

EnSilica is a former winner of the Queen’s Award for International Trade; and has been ranked in the top 5 in the Sunday Times Lloyds SME Export Track 100, and regularly wins awards for its engineering.

The company recently reported its first financials since its successful IPO in May, with 77% year-on-year revenue growth.

EnSilica is looking to recruit engineers in analogue, physical, system-level design, DFT and verification across UK at both graduate and more-senior levels.

 

About EnSilica

EnSilica is a leading fabless chipmaker focused on custom ASIC for OEMs and system houses, as well as IC design services for companies with their own design teams. The company has world-class expertise in supplying custom RF, mmWave, mixed signal and digital ICs to its international customers in the automotive, industrial, healthcare and communications markets. The company also offers a broad portfolio of core IP covering cryptography, radar, and communications systems. EnSilica has a track record in delivering high quality solutions to demanding industry standards. The company is headquartered near Oxford, UK and has design centres across the UK and in India and Brazil.

 

ensilica open sign

London Stock Exchange welcomes EnSilica plc to AIM

EnSilica is a designer and supplier of mixed signal ASICs (Application Specific Integrated Circuit). ASICs are Integrated Circuits or semiconductor chips developed for a particular use or product rather than for general purpose usage.  ASICs help differentiate products through optimised hardware making products smaller, faster, lower power, improved security, add novel functionality, improving supply chain security and protecting product from being copied.

 

The Company has expertise in the area of designing complex mixed signal ASICs. Mixed signal ASICs combine digital and analogue functions onto a single chip. They are the most complex chips to design hence the highest value.

The Company was established in 2001 as a specialist consultancy designing ICs on a contract basis. Using over 15 years’ first-hand industry experience, the Company was able to begin transitioning to a fabless design and supply business model in 2016. EnSilica now provides an end-to-end service for the design and supply of ASICs, outsourcing certain elements such as the wafer fabrication of the manufacturing and packaging to third parties – otherwise known as a Fabless Semiconductor Model. This is a proven model for growth and profitability used by many European companies including Dialog Semiconductor, Cambridge Silicon Radio, Wolfson and Nordic Semiconductor.

EnSilica’s customers currently range from global corporations and OEMs to technology start-ups, including automotive Tier 1s, industrial enterprises, as well as large software companies and service providers developing proprietary hardware.  EnSilica is an approved supplier to some of the world’s largest automotive and industrial OEMs and Tier 1 suppliers.

Transaction Details

EnSilica, a leading designer and supplier of mixed signal ASICs (Application Specific Integrated Circuit), is pleased to announce its admission to trading on the AIM market of the London Stock Exchange. Dealings on AIM are expected to commence at 8.00 a.m. on 24 May 2022, under the ticker ENSI and ISIN GB00BN7F1618.

In connection with Admission, EnSilica has raised £6 million through a placing and subscription of 12,000,000 Ordinary Shares at a price of 50p per share and will have a market capitalisation of approximately £37.6 million at the Placing Price.

The Directors believe that the Group has reached a stage in its development where it will benefit from a quotation on AIM and that, as well as providing the Company with the net proceeds of the Fundraising, this will:

  • enhance both transparency and international profile of EnSilica with existing and potential customers;
  • allow the Company to access equity capital creating flexibility to fund growth and support potential M&A opportunities;
  • enable EnSilica to attract, recruit and retain key employees who may be further incentivised through share option schemes ; and
  • create a platform for existing shareholders to participate in the future growth of the Company

Ian Lankshear, Chief Executive Officer of EnSilica commented:

“We are delighted to be floating EnSilica on AIM and believe this represents a major endorsement of our business.  Our quoted status will provide an ideal platform from which to accelerate a number of growth initiatives which will ultimately further expand both market reach and customer footprint.

Having developed a reputation of excellence and innovation over the past 21 years, we firmly believe our mixed signal and RF design and supply capabilities are ideally placed to further capitalise on the significant demand for ASICs across our key markets.

We are excited by the numerous opportunities that being a quoted company will bring and we look forward to further developing EnSilica over the coming years.”

London Stock Exchange Logo

EnSilica to list on London Stock Exchange’s AIM market, expected to begin trading from 24th May

OXFORD, United Kingdom –May 19, 2022EnSilica, the UK-headquartered specialist designer and supplier of mixed signal ASICs has announced it is set to be listed on the London Stock Exchange’s AIM market. Trading is expected to begin from the 24th May under the ticker ENSI.

AIM is the LSE’s market for small and medium sized growth companies, with over 1,200 companies listed on it.

In connection with the Admission, EnSilica has raised £6 million (USD 7.4m) through a placing and subscription of 12,000,000 Ordinary Shares at a price of 50p per share and will open with a market capitalisation of £37.6 million (USD 46.6m).

The company designs ASICs for system developers working across the automotive, satellite and healthcare sectors. Its CEO, Ian Lankshear said “Our quoted status will provide an ideal platform from which to accelerate a number of growth initiatives, which will ultimately further expand both market reach and customer footprint.

“Having developed a reputation of excellence and innovation over the past 21 years, we firmly believe our mixed signal and RF design and supply capabilities are ideally placed to further capitalise on the significant demand for ASICs across our key markets.”

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