June 22, 2011 -- Accellera and the Open SystemC Initiative (OSCI) have signed a memorandum of understanding outlining a plan to form a single organization. The new organization will leverage the complementary efforts of both groups to create more comprehensive standards to benefit the worldwide electronic design community, and facilitate efficient collaboration among its members.

"Our new organization will leverage the excellent work of our technical committees to provide a bigger benefit to the electronics industry," said Shishpal Rawat, Accellera chair. "By forming a combined organization, we will be able to accelerate development of system-level standards that will move electronic design productivity to the next level."

System, software and semiconductor design activities are converging to meet the increasing challenges to create complex system-on-chips (SOCs). This convergence has brought to the forefront the need for a single organization to facilitate the creation of system-level standards and semiconductor design, and verification standards. The relationship between OSCI's TLM-2.0 SystemC Transaction Level Modeling standard and Accellera's Universal Verification Methodology (UVM) standard exemplifies the synergy that exists between the two organizations.