Barcelona, December 11, 2007.- This morning the first Landing Program company to move in to the 22@Barcelona district was presented: Elastix Corporation. Founded by American and European entrepreneurs, this company has its headquarters in Silicon Valley (California).

The event was presided over by the managing director of 22@Barcelona, Josep Miquel Piqué; the president and CEO of Elastix, Vigyan Singhal; the vice-president in charge of Engineering at Elastix, Emre Tuncer; the head of Science at Elastix, Jordi Cortadella, as well as the head of the Landing Program, Mariona Ferrer.


Elastix Corporation
Elastix Corporation is a private company specializing in automation of electronic design that creates IC design tools that allow their clients to produce high performance, low consumption microchips.

Elastix has chosen to establish an office in Barcelona, in the 22@Barcelona district, because “this is where microchip design technology was created, even though there aren’t any Spanish microchip production companies”, explained the president and CEO of Elastix, Vigyan Singhal. “We’ve created a global company with global talent that caters to a global market”, he assured.

Elastix has potential clients in the semiconductor industry around the world, including American companies like Intel, AMD, NVIDIA, Qualcomm and Texas Instruments, European companies like ST Microelectronics, NXP, Infineon and ARM, and Asian companies like Panasonic, Samsung, Renesas and Canon.

Landing Program

The Landing Program, which is sponsored jointly by the UPC’s Innovate Program, the La Salle Innovation Park and 22@Barcelona, aims to provide mechanisms to help Catalan and Spanish companies grow and internationalize their activities, as well as encouraging foreign technology companies to set up in Catalonia, specifically in the innovation district.

“Elastix Corporation is a global company that was born out of research groups located in different areas (England, Russia, Italy and Barcelona) and has used science intelligently. Using their entrepreneurial talent they are aiming their product toward a global market”, according to Piqué.

The critical step for companies that start out in incubators is finding financing because “the knowledge based economy is focused on intelligent capital”, remarked the Managing Director of 22@Barcelona.

22@Update Breakfast

Elastix Corporation will present their company to more than a hundred Catalan business people at the next 22@Update Breakfast, which will be held on Thursday December 20 at 8:30 am at the H10 Marina Hotel (av. Bogatell, 64-68), and will focus on entrepreneurialism and positioning Barcelona as an international platform.