Cadence acquires Sigrity in $80million deal
1 min read
Cadence Design Systems has bought signal and power integrity technology provider Sigrity in a deal worth approximately $80million.
By combining Sigrity's analysis technologies with its own Allegro and OrCAD design tools, Cadence hopes to provide a comprehensive front to back integrated flow to enable system and semiconductor companies to deliver high performance devices employing gigabit interface protocols such as ddr and PCI Express.
"Increasing use of high performance, multi gigahertz systems underscores the need for advanced and accurate signal, power and thermal analysis solutions," commented Nimish Modi, senior vp of the system and software group at Cadence. "Sigrity is the leading solution provider in the market, and the integrated Cadence and Sigrity products will deliver a predictable path for design and verification of high performance pcb based systems, speeding end product delivery."
The companies claim the resulting integrated solutions would particularly benefit customers delivering electronic systems in high growth markets such as mobile multimedia devices and cloud computing infrastructure.
"We look forward to joining Cadence to bring the next generation of signal and power aware design and verification tools to the industry," added Sigrity president Dr Jiayuan Fang.
