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HDAC, Inc. announced on May 30, 2000, that it had changed its corporate name to Averant, Inc. EE Times published the announcement the following day. The company described its work at the time as static verification products for designers.
What changed in the announcement?
The announcement, made in Sunnyvale, California, said HDAC had changed its corporate name to Averant. EE Times published the item on May 31, 2000, reporting the announcement date as May 30, 2000. EE Times: “HDAC Announces Change of Name to Averant”.
EE Times described HDAC as a provider of verification technology for RTL designers. The announcement said Averant was focused exclusively on static verification products for designers. Those descriptions reflect the company’s stated focus in 2000, not a current product catalog.
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Why did HDAC choose the name Averant?
The announcement said the new name was intended to represent the company’s strategic positioning in verification technologies. It presented “Averant” as a coined name combining “aver” and “-ant”: the announcement explained “aver” as “confirm to be true,” connecting it to confirmation of design intent and correctness, while saying “-ant” conveyed a proactive approach to business.
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Graham Bell, identified in the announcement as Averant’s director of marketing, said: “We chose Averant for the way it sums up who we are today, and where we’re going next,” and “We are changing the way ASIC designers do verification.”
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What does the announcement establish—and what does it not?
- It records a corporate name change from HDAC, Inc. to Averant, Inc., announced May 30, 2000.
- It describes the company’s verification-technology focus at that time.
- It names no specific software product, model, or price, and reports no quantitative study or statistic.
- It does not establish whether Averant is operating today or whether any of its products remain available.
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