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Virtual Component Exchange
Today's electronic products are faster, more powerful
and intricate than ever before. Yet they have design cycles and shelf
lives measured in mere months. The use of virtual components (VCs) is
the key to the design of tomorrow's products.
To speed up the design process - and to remain competitive
in the global market place -engineers are turning to intellectual property,
also known as virtual components (VCs). VCs are pre-designed blocks that
can be 'plugged' into a complete system-on-chip design. This enables system
companies to realise ever more complex electronic systems. and can speed
the actual design phase.
However, this new paradigm presents a new and challenging business transaction
process for both providers and users of VCs.
Sourcing suitable external 3rd party intellectual property and tackling
the huge legal and business issues, has now become a priority. The Virtual
Component Exchange concentrates on the business and legal issues involved
with system-on-chip designs, with the ultimate goal being the creation
of an efficient, international and open market infrastructure.
VCX Services and Benefits
The VCX is creating a web based system to unite developers
and users.
- Structured VC Information listing service
- Business Model and contract configurator toolsets
- Smooth VC selection, deal negotiation and contract
phase to create robust and equitable contract models
- Under active investigation – VC use tracking and collection
and distribution of royalties
Setting up of mediation and arbitration rules for VCX
members to reduce costs.
Members
The VCX's membership is globally based and
includes such industry luminaries as ARM,
Cadence Design Systems, Infineon Technologies (formerly Siemens
AG), ISS Ltd, Mentor Graphics, Motorola, Phoenix Technologies, Spektra
Group, TSMC, Hitachi, UMC, Chartered Semiconductor, ARC and Toshiba,
providing early blue-chip endorsement of the Exchange.
The VCX complements the work being done by the internationally
established Virtual Socket Interface Alliance (VSIA) and the Reusable
Application Specific Intellectual Property Developers (RAPID).
Related Site:
Virtual Component Exchange - http://www.thevcx.com
More Information:
IP
Direct - Newsletter 2002
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