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Cadence beefs up IP strength with Evatronix

Posted: 09 May 2013 ?? ?Print Version ?Bookmark and Share

Keywords:licensing? IP? EDA? MIPI? USB?

Cadence Design Systems has announced plans to buy the semiconductor IP business of Poland-based Evatronix for an undisclosed sum. Evatronix was established in 1991 as a reseller of CAD & EDA systems. In 1997 it started activities in the field of IP cores. The company has focused on cores to implement USB, MIPI, display and storage interfaces. About 60 engineers will transfer to Cadence under the terms of the deal, Cadence said.

Cadence has been making moves to build up its IP licensing business with several acquisitions in the last few months. Cadence acquired Tensilica Inc. for about $350 million and has announced the intent to acquire Cosmic Circuits. Cadence is waiting for regulatory approval from the Indian government on the Cosmic Circuits deal. Cadence also acquired a SERDES development team from PMC-Sierra Inc.

There is a degree of overlap with the offerings of Cosmic Circuits which also offers USB 2, USB 3 and MIPI cores. Pankaj Mayor, Cadence vice president of marketing, speaking at a Cadence European users meeting, said that Cosmic's emphasis was on PHY layer circuits while Evatronix supplied controller cores. Martin Lund, senior vice president of research and development, SoC Realisation Group, said "Evatronix have very strong engineering talent. The talent is as important as the IP."

With its recent acquisitions Cadence is about fourth in the ranking of semiconductor IP licensors, but lies a considerable way behind the top three ARM, Synopsys and Imagination (see Synopsys, Imagination higher up IP ranking ladder).

How Cadence, Tensilica and Cosmic Circuits IP cores fit together

How Cadence, Tensilica and Cosmic Circuits IP cores fit together with CPU and GPU cores to enable system chips. Evatronix will provide controllers for MIPI, USB, storage and display interface. Source: Cadence.

The acquisition is expected to close in the second quarter of 2013, and is not expected to have a material impact on Cadence's balance sheet or second quarter or fiscal 2013 results of operations.

- Peter Clarke
??EE Times

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