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Synopsys buys PCI Express IP vendor Cascade Semi

Posted: 21 Oct 2004 ?? ?Print Version ?Bookmark and Share

Keywords:synopsys? pci core? cascade semiconductor solutions?

Synopsys Inc. is continuing its shopping spree, announcing Oct. 18 that it has acquired PCI core vendor Cascade Semiconductor Solutions Inc. for an undisclosed amount.

The acquisition is Synopsys' third acquisition in three weeks. The company purchased Monterey Design assets for around five million and announced its intent to purchase TCAD tool vendor ISE for $95 million.

In the Cascade acquisition, Synopsys gains PCI Express "Root," "Dual Mode (Endpoint/Root)" and "Switch Ports" digital IP to compliment Synopsys' PCI Express Verification IP and PHY (Physical Layer of the PCI Express protocol).

A spokeswoman for Synopsys said all of Cascade's ten employees will join Synopsys DesignWare IP group.

She said Cascade was profitable and that Synopsys anticipates sales of Cascade IP will grow more rapidly through Synopsys worldwide sales channel and VPA/portfolio-type licensing.

The acquisition has already closed.

- Mike Santarini

EE Times

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