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Philips Electronic Design and Tools (ED&T) is a self-financing activity within Philips Research, which in its turn is part of Royal Philips Electronics N.V. Philips Electronics is a multi-national company with activities in electronics related to consumer, semiconductor, automotive and industrial applications. Philips Research is a major research organization, with laboratories in Europe, USA and Asia. Philips ED&T is dedicated to the development and exploitation of innovative methods and tools for the design and test of Systems on Chip realized in the most advanced IC-technologies. ED&T's four departments cover the major issues of simulation, synthesis, verification and test. These departments serve a specific need of Philips in the design and manufacture of VDSM IC's. Nevertheless, the final role of ED&T is to transfer the solutions to external EDA vendors in an evolving stream of developments.