Previous investments of ACE Associated Computer Experts bv have been in ACE Associated Compiler Experts bv with its flagship CoSy compiler development system product, and in ACE Consulting bv, having a track record in solving complex and unusual IT problems.

"Having a strong history in parallel computing, ACE's investment in Compaan Design is a perfect fit with its strategic direction towards providing advanced tools for HW/SW codevelopment. We see a growing demand for programming solutions for multicore systems", stated Martijn de Lange, CEO and founder of ACE. "Our CoSy compiler development system is already being used by the industry to build different kinds of very powerful multicore

compilers. The Compaan technology provides a novel, generic solution that is complementary to our current portfolio of compilation tools and technology."

"Compilers will play a pivotal role in the design and development of next-generation multiprocessor systems", stated Bart Kienhuis, founder and CEO of Compaan Design. "We are very pleased that ACE is ready to invest in the startup of our company and to assist us with introducing our product into the market. In the co-operation with ACE, Compaan Design is assured of access to best-in-class professional compilation technology."

ACE and Compaan Design will both be present with technology demonstrations at the DATE08 Conference exhibition, 11-13 March in Munich.