Codeplay Software Limited was founded by veteran games developer Andrew Richards in 2002 with seedcorn funding from Jez San (the founder of Argonaut Games and ARC International) and others.The company entered into profit in 2005 and has been profitable each year since then.

Codeplay introduced its first product, VectorC, a highly optimizing compiler for x86 PC and PlayStation®2, in 2003.

In 2004 Codeplay further developed its business by offering services to processor developers to provide them with compilers and programming tools for their new and unique architectures, using its VectorC retargetable compiler technology.

Development of the company's latest product, the SieveC++ Multicore Programming Platform, began in 2006 and first revenues from the product were generated in 2008.

Codeplay continues to research and develop portable and scalable programming tools to take advantage of multi-core and many-core processor architectures.

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