Cadence will acquire Tensilica, adding SoC IP

03/11/2013 | Wall Street Journal, The

Cadence Design Systems has agreed to acquire Tensilica, a supplier of intellectual property for system-on-a-chip designs, for $380 million. The transaction is scheduled for completion in the next quarter. Tensilica specializes in SoC IP for dataplane processors going into automotive electronics, home automation systems, mobile devices and networking infrastructure equipment.

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