Synopsys, Inc. announced that it has signed a definitive agreement to acquire certain IP assets of INVECAS, headquartered in Santa Clara, California. This acquisition will broaden Synopsys' DesignWare® Logic Library, General Purpose I/O, Embedded Memory, Interface and Analog IP portfolio. The acquisition will also add a team of experienced R&D engineers to accelerate Synopsys' physical IP roadmap across a range of process technologies to address customers' evolving design requirements in markets such as consumer, IoT and automotive. INVECAS will retain its HDMI IP and ASIC Design Solutions businesses.
The transaction, which is expected to close the first half of fiscal 2020 and is subject to customary closing conditions, is not material to Synopsys' financials. Terms are not being disclosed.
"With more functionality being integrated into a single chip, high-quality IP continues to be key for enabling designers to speed time-to-market, while reducing risk," said Joachim Kunkel, general manager of the Solutions Group at Synopsys. "With this acquisition, Synopsys is broadening our DesignWare IP portfolio to address the requirements of consumer, IoT and automotive designs and adding a strong R&D engineering team to meet the growing IP needs of our customers."
We use cookies to help provide you with the best possible online experience.
By using this site, you agree that we may store and access cookies on your device.
You can find out more and set your own preferences here.
