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SAN JOSE, Calif. - Jan. 14, 2010 - Tilera® Corporation, developer of the highest performance multicore processors, today announced that NTT Finance Corporation has made an investment in Tilera.
“We are thrilled to have NTT Finance as an investor,” said Omid Tahernia, Tilera CEO. “NTT groups’ leadership in telecommunications makes them an ideal business development partner as we grow our business in Japan and in a growing range of vertical markets.
“Tilera’s revolutionary approach to multicore processors solves the problem of scaling to many cores while maintaining low power and programmability,” said Masaaki Nogawa, President of NTT Finance Corporation. “This strategic technology delivers break-through levels of performance to cloud computing, wireless communications, networking and video applications.”
About NTT Finance Corporation
NTT Finance Corporation was established in 1985 as the first affiliate of NTT, which is the largest telecommunications company in Japan. NTT Finance Corporation offers various business services; leasing and installment, credit card and finance. In addition, their Strategic Technology Investment Department seeks out venture companies domestically and internationally with excellent technologies and provides them with financial and business development. For further information, visit www.ntt-finance.co.jp.
Tilera® Corporation is the industry leader in highly scalable general purpose multicore processors for networking, wireless, and multimedia infrastructure applications. Tilera's processors are based on its breakthrough iMesh™ architecture that scales to hundreds of RISC-based cores on a single chip. The distributed nature, of Tilera's revolutionary architecture, and the standards-based tools, including ANSI C/C++ compiler, GNU tools and Eclipse IDE, deliver an unprecedented combination of performance, power efficiency and programming flexibility. Tilera was founded in October 2004, and now provides two product families: TILE64™ processors and TILEPro™ processors. The company is headquartered in San Jose, Calif., with locations in Westborough, Mass., Yokohama, Shanghai, and Beijing. For more information, visit www.tilera.com/about_us_jp.