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Toric’s sole objective is to develop and commercialise AJC jitter suppression technology.
The technology was conceived by Professor Mike Underhill while at the University of Surrey; and Toric acquired the related portfolio of intellectual property rights from the University in 2002. The University retains a minority interest in Toric.
First stages in the development of Toric’s technology were carried out with the support of successive grants from the UK’s Department of Trade, initially a ‘Smart’ award and later under the pan-European ‘Eureka!’ programme. Matching finance came initially from Toric’s management team and, later, from ‘angel’ investors principally based in and around Cambridge. Toric remains privately held.
Toric is based in central London.
Toric’s AJC technology is addressed at the IC designer. As semiconductors become ever more advanced, integrating a wide variety of digital and analogue blocks on a single chip, there is a parallel need for a compact low-power macro class that can be used as an on-chip jitter filter, to address noise in clock signals which may be outside the control of the IC designer.