CDNLive EMEA: Cadence to buy Evatronix
At CDNLive EMEA today (7 May 2013) Cadence Design Systems announced its decision to buy Poland-based IP developer Evatronix as part of a plan to round out its portfolio of interfaces and controllers for system-on-chip (SoC) designs.
With team of 60 people, Evatronix has built up a range of interface controllers, including USB 2.0 and 3.0, display, MIPI and storage protocols. During his keynote at CDNLive EMEA Cadence president and CEO Lip-Bu Tan said the Polish company close to 600 customers. “We are going to continue expanding that number,” he added.
Martin Lund, senior vice president of R&D for the SoC solutions group at Cadence, said Evatronix has become a key supplier of USB controllers – which will fit alongside the PHY modules that Cadence aims to acquire as part of Bangalore-based Cosmic Circuits – as well as MIPI cores. “More importantly, they have a very strong engineering team,” Lund said.
Following the acquisition of the IP business, the software-distribution part of Evatronix will remain independent.
Lund said, following the acquisition of Cosmic, Evatronix, Tensilica and a SerDes design team from PMC-Sierra, Cadence will have assembled a portfolio of IP that will support most SoC designs. “I think we are in very good shape now,” he claimed.
Once the acquisitions complete, Lund said Cadence will apply its ‘IP factory’ development methodology to the design teams. “We have an advanced metric-driven methodology. We are using next-generation verification approaches to deliver higher quality IP,” he explained.
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