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February 10, 2013

Deal Alert: US firm Cadence acquires Cosmic Circuits

Cadence Design Systems, Inc., a leader in global electronic design innovation, has acquired Cosmic Circuits Pvt Ltd, a 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. 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. 

Founded in 2005 and based in Bangalore, India, Cosmic Circuits has more than 75 customers worldwide.

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