Welcome!

@CloudExpo Authors: Zakia Bouachraoui, Pat Romanski, Elizabeth White, Yeshim Deniz, Liz McMillan

News Feed Item

Cadence Expands IP Portfolio With Agreement to Acquire Cosmic Circuits

SAN JOSE, CA -- (Marketwire) -- 02/07/13 -- Cadence Design Systems, Inc. (NASDAQ: CDNS)

  • Cosmic Circuits is a leading IP provider with an extensive silicon-proven analog and mixed signal portfolio
  • Provides IP for mobile devices including USB, MIPI, Audio and WIFI at advanced process nodes including 40nm and 28nm
  • Top tier customer base has shipped more than 50 million ICs containing Cosmic Circuits IP in 2012

Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation, today announced an agreement to acquire Cosmic Circuits Private Limited, a leading provider of analog and mixed signal intellectual property (IP) cores. Cosmic Circuits offers silicon-proven IP solutions in connectivity and advanced mixed-signal technologies in the 40nm and 28nm process nodes, with 20nm and FinFET development well underway.

The addition of the Cosmic Circuits™ product line will broaden the Cadence® IP portfolio, strengthening its solutions to address mobile device, cloud/datacenter and "internet of things" market opportunities.

Martin Lund, Cadence's senior vice president of R&D for SoC Realization said, "The addition of Cosmic Circuits' stellar technology and talent enhances Cadence's position as a leading provider for analog/mixed-signal IP. The combination of Cadence and Cosmic Circuits will provide customers with high quality IP to accelerate getting products to market."

Founded in 2005 and based in Bangalore, India, Cosmic Circuits has been profitable from its first year of operation and has more than 75 customers worldwide. The company received TSMC's 2010 and 2012 awards for Analog/Mixed Signal IP Partner of the Year.

Ganapathy Subramaniam, CEO of Cosmic Circuits said, "Cosmic Circuits has a strong track record working with leading foundries to qualify and sell silicon-proven IP in advanced nodes. 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."

As part of this transaction, the IC and Systems business of Cosmic Circuits will be spun off into a separate new company to be owned by certain existing shareholders of Cosmic Circuits.

The acquisition is expected to close in 30 to 60 days, and is not expected to have a material impact on Cadence's 2013 results of operations. Terms of the transaction were not disclosed.

About Cadence
Cadence enables global electronic design innovation and plays an essential role in the creation of today's integrated circuits and electronics. Customers use Cadence software, hardware, IP, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. The company is headquartered in San Jose, Calif., with sales offices, design centers, and research facilities around the world to serve the global electronics industry. More information about the company, its products, and services is available at www.cadence.com.

© 2013 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence and the Cadence logo are registered trademarks of Cadence Design Systems, Inc., and Cosmic Circuits is a trademark of Cosmic Circuits Private Limited.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media contact:
Anna del Rosario
408-914-6884
[email protected]

Investor contact:
Alan Lindstrom
408-428-5020
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

CloudEXPO Stories
When applications are hosted on servers, they produce immense quantities of logging data. Quality engineers should verify that apps are producing log data that is existent, correct, consumable, and complete. Otherwise, apps in production are not easily monitored, have issues that are difficult to detect, and cannot be corrected quickly. Tom Chavez presents the four steps that quality engineers should include in every test plan for apps that produce log output or other machine data. Learn the steps so your team's apps not only function but also can be monitored and understood from their machine data when running in production.
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-centric compute for the most data-intensive applications. Hyperconverged systems already in place can be revitalized with vendor-agnostic, PCIe-deployed, disaggregated approach to composable, maximizing the value of previous investments.
A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to great conferences, helping you discover new conferences and increase your return on investment.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure using the Kublr platform, and how Kubernetes objects, such as persistent volumes, ingress rules, and services, can be used to abstract from the infrastructure.