Cadence announced it has completed the previously announced acquisition of Secure-IC, a leading provider of embedded security IP, security solutions and security evaluation tools and services.
By combining Cadence’s decades of expertise in IP and subsystem design with Secure-IC’s leading embedded cybersecurity solutions, the acquisition positions Cadence to address the growing demand for robust embedded security solutions across verticals, including automotive, data center, aerospace and defense, mobile, IoT and consumer electronics. With this acquisition, Cadence reinforces its commitment to delivering comprehensive system solutions that accelerate customers’ time to market while meeting increasing security and regulatory requirements across global markets.
The acquisition is expected to be immaterial to revenue and earnings this year.
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