USA: Cadence Design Systems Inc. has completed the acquisition of Cosmic Circuits Pvt Ltd, a leading provider of analog and mixed signal intellectual property (IP) cores.
Cosmic Circuits offers silicon-proven IP solutions in connectivity and advanced mixed-signal technologies in the 40nm and 28nm process nodes, with 20nm and FinFET development well underway.
The completion of this transaction further expands Cadence’s IP portfolio, strengthening its solutions to address mobile, cloud/datacenter and “internet of things” market opportunities.
The Cosmic Circuits team will report to Martin Lund, Cadence’s senior VP of research and development, SoC Realization Group.
The acquisition is not expected to have a material impact on Cadence’s 2013 results of operations. Terms of the transaction were not disclosed.
Friday, May 24, 2013
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