The growing ASIC tape-out costs, countered by increased FPGA capacity, speed and lower cost are making FPGA’s an attractive solution for applications that have traditionally been using ASICs or ASSPs. A critical enabler for such a transition is the availability of a wider range of more complex Silicon IP cores that are proven and optimized in the new FPGA devices. Success will require Silicon IP providers, that have traditionally been providing FPGA IP, to be motivated to address more complex IP requirements and to migrate their IP to the new devices and that the traditional ASIC IP vendors shift their focus to support of FPGA requirements. Is this happening today, and what is most likely to happen in the near future?