HDL Coder will generate bit true and cycle accurate HDL code from your Simulink or MATLAB design. It is not a synthesis tool; it cannot create a FPGA bitstream like Altera Quartus II does. The HDL Coder Workflow Advisor does integrate with Quartus (and Xilinx ISE and Vivado) to make it easy to generate the bistream using a 3rd-party synthesis tool. The HDL Verifier product allows the direct downloading of the bistream onto a supported board, and simulating on the actual hardware from within a Simulink simulation.
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