Inomize, Verisense plan merge

Inomize and Verisense is in the final stages of entering into a definitive equity merger agreement under which the companies will create a worldwide company providing ASIC, FPGA, and system design services to a broad base of customers, the companies said.

The merged company will be called Inomize while keeping Verisense brand name as an independent business unit, and will continue to operate two design centers in Jerusalem and Netanya.

Inomize is a professional Research & Development firm specializing in the design and delivery of hardware solutions.

Verisense, is an ASIC and FPGA design services company based in Israel.