Wikipedia
Achronix Semiconductor is a fabless semiconductor company based in San Jose, California with R&D in Bangalore, Karnataka. It designs high-density and high-performance field-programmable gate arrays (FPGA) chips, manufactured at Intel Fabs since 2012. Its latest FPGA product family built on 22 nm is called Speedster 22i and is manufactured using Tri-Gate process. Company was founded in 2004 by group from Cornell University: Dr. Rajit Manohar, Dr. Clinton Kelly IV, Dr. Virantha Ekanayake and John Lofton Holt. It was included in EE Times 60 Emerging Startups list in 2005. Prototypes of its FPGAs was made using 180 nm (TSMC, September 2005) and 90 nm (STMicroelectronix, April 2006).
Achronix has raised over $120 million in venture funding. According to interview in December 2012 with company chairman John Lofton Holt, Achronix may do IPO in 2014.