Fix Your Memory Module
 
Home
News
Products
Shop
Memory
Corporate
Contact
 

News
Industry News
Publications
CST News
Help/Support
Member Area
Tester Brochure
Demo Library
Software
Tester FAQs

biology medicine news product technology definition

Sunday, November 23, 2014
Memory Industry News
Email ArticlePrinter Format PreviousNext

Cadence to buy Indian IP startup


Wednesday, February 13, 2013

EDA company Cadence Design Systems Inc. has announced an agreement to acquire analog and mixed-signal IP core developer Cosmic Circuits Pvt. Ltd. As part of the transaction the IC and systems development business of Cosmic Circuits (Bangalore, India) will be spun off into a separate company to be owned by certain existing shareholders of Cosmic Circuits.

Cosmic Circuits, founded in 2005, has been profitable from its first year of operation and has more than 75 customers worldwide. In 2011 Lip-Bu Tan, CEO of Cadence (San Jose, Calif.) joined the board of directors.

The startup has enjoyed success providing IP cores for mobile devices including USB, MIPI, audio and Wi-Fi cores designed for 40- and 28-nm nodes and claims more than 50 million ICs containing its IP shipped in 2012. Cosmic has 20-nm and FinFET IP under development.

"Our focus on low-power mobile and time-to-market critical consumer IP markets will add to Cadence's existing strength in high-speed serial IP for cloud/server applications," said Ganapathy Subramaniam, CEO of Cosmic Circuits, in a statement issued by Cadence.

The acquisition is expected to close in 30 to 60 days.

By: DocMemory
Copyright 2013 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
China Mobile - the dominant 4G operator11/21/2014
Qualcomm to get into ARM server race11/21/2014
Consumer prices unchanged11/21/2014
Should Sony dump Playstation to favor Mobile?11/21/2014
Cray to evaluate ARM against Intel for HPC11/20/2014
Apple and Nvidia ahead on tablet bench mark11/20/2014
China and U.S pushing semiconductors forward with conbined economic power11/20/2014
Marvell rolls out mobile SOC with ideal features11/20/2014
Intel Research announced DRAM that use much less energy11/19/2014
Intel merge mobile devices with PC chip-making group11/19/2014

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2014 CST, Inc. All Rights Reserved