China, February 8, 2014 - Cadence Design Systems, Inc. (NASDAQ: CDNS) , a global leader in electronic design innovation, today announced that it has reached a definitive agreement to acquire SystemC-based high-level synthesis (HLS) and algorithms. IP provider Forte Design Systems.
Driven by the increasing IP complexity and the need to quickly redirect IP requirements for derivative architectures, the design team is moving from hand-coded RTL design to SystemC-based design and verification, and the high-end integrated market has already crossed the early trials and entered the mainstream. Application phase. The addition of Forte Design Systems' integrated and IP products to the Cadence C-to-Silicon Compiler lineup will enable Cadence to provide further SystemC standard processes for design and multi-language verification.
Charlie Huang, senior vice president of global systems sales at Cadence Systems and Verification, said: "The growth of high-end integrated markets is accelerating. HLS tools can now meet a wider range of application spaces and product requirements. The combined results can rival or even exceed manual RTL coding makes this technology popular all over the world, and advanced large companies are using it for mass production. We look forward to welcoming Forte's technology and management team to join Cadence to promote this business opportunity."
Forte Design Systems offers high-quality comprehensive results (QoR) with data path as the core, industry-leading algorithmic IP, and high-value SystemC-class design IP and IP development tools. Forte's Cynthesizer HLS products have a very strong memory scheduling capability, especially for highly parallel or multi-pipelined designs. These advantages complement the Cadence C-to-Silicon Compiler's transaction-level modeling, embedded RTL synthesis, and incremental ECO support for better high-order integrated QoR.
Forte CEO Sean Dart said: "Cadence and Forte have a mutually compatible approach to high-level synthesis, and have a shared vision for design evolution from RTL to system level. Through this merger and acquisition, we can work together to promote system-level design. The standardization of the process is to benefit the customers, allowing both customers to enjoy stronger product functions, and to integrate all the steps from high-level synthesis to silicon."
The acquisition is expected to end within 30 days. In light of the impact of the combined finances, this transaction may be of little benefit to Cadence's operating results in 2014, 2015 and beyond. M&A content is not disclosed to the public.
About Cadence
Cadence has made global electronic design technology innovations and plays a central role in creating today's integrated circuits and electronics. Our customers use Cadence's software, hardware, IP, and design services to design and validate state-of-the-art semiconductor devices for use in consumer electronics, networking and communications equipment, and computer systems. Headquartered in San Jose, Calif., the company has sales offices, design centers and research facilities around the world to serve the global electronics industry.
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