SiFive, the first fabless provider of customized, open-source-enabled semiconductors, today announced it has joined the TSMC (NYSE: TSM) IP Alliance Program, part of the TSMC Open Innovation Platform, which accelerates innovation in the semiconductor design community. As an alliance member, SiFive’s RISC-V based Coreplex IP are made available to its customers to reduce time-to-market, increase return on investment and reduce waste in the manufacturing process.

With the significant increases in non-recurring engineering and design costs required to bring to life new silicon designs, TSMC’s IP Alliance Program makes it easier for fabless chipmakers to innovate and produce custom semiconductors. By participating in the TSMC IP Alliance Program, SiFive becomes the first RISC-V solution provider to make its IP readily available for fabless chipmakers leveraging the industry’s most comprehensive semiconductor IP portfolio.

“Acceptance into the TSMC IP Alliance is an honor and a significant validation not only of SiFive, but of the RISC-V architecture as a whole,” said Jack Kang, vice president of Product and Business Development, SiFive. “Having the SiFive Coreplex IP platform available through the program makes designing a chip based on the latest in open source hardware even easier. We look forward to continued collaboration with TSMC and the other members of the IP Alliance ecosystem.”

“The TSMC Open Innovation Platform forms the center of our open innovation model that addresses the needs of our customers looking to reduce design time and speed time-to-market,” said Suk Lee, TSMC senior director, Design Infrastructure Marketing Division. “The addition of SiFive’s IP to the TSMC IP catalog will streamline the process of fabricating custom silicon designs based on the RISC-V implementation.”

SiFive was founded by the inventors of RISC-V – Andrew Waterman, Yunsup Lee and Krste Asanovic – with a mission to democratize access to custom silicon. In its first six months of availability, more than 1,000 HiFive1 software development boards have been purchased and delivered to developers in over 40 countries. Additionally, the company has engaged with multiple customers across its IP and SoC products, started shipping the industry’s first RISC-V SoC in November 2016 and announced the availability of its Coreplex RISC-V based IP earlier this year. SiFive’s innovative “study, evaluate, buy” licensing model dramatically simplifies the IP licensing process, and removes traditional road blocks that have limited access to customized, leading edge silicon.