Cadence Design Systems, Inc. announced that it has completed the previously announced acquisition of the SerDes and memory interface PHY IP business from Rambus Inc.
With the continued proliferation of AI (artificial intelligence), data centre and hyperscale applications, CPU (central processing unit) architectures, and networking devices, the technology asset purchase enriches Cadence’s established IP portfolio and augments the company’s intelligent system design strategy, which drives design excellence. The acquisition also comes with the addition of experienced PHY engineering teams in United States, India and Canada, further expanding Cadence’s domain-rich talent base.
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