EDA (Electronic Design Automation) industry supply software (SW) that engineers use to design, create prototypes and test integrated circuits, also known as chips. Customers pay time-based (yearly) licensing fee: typical contracts life is three years. Despite the tools complexity and the required vendor support, market suffers from some degree of SW piracy. EDA market is served by 3 main vendors Synopsys, Cadence and Mentor, and the customers are all Blue Chip – Intel, ARM, Samsung etc. Logic Simulator is a major tool in chip design flow, its market size is ~1B$ a year. This is the market ArtSim will dominate!!!