Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that it has completed the acquisition of Rocketick Technologies, Ltd., an Israel-based pioneer and leading provider of multicore parallel simulation.
The completion of this transaction strengthens Cadence’s System Design Enablement strategy by delivering ultra-high-performance simulation to accelerate the development of complete systems with the end-product in mind. Rocketick’s technology accelerates Cadence Incisive® Enterprise Simulator to provide up to 6X speed-up for register-transfer-level (RTL), up to 10X speed-up for gate-level functional and up to 30X speed-up for gate-level DFT simulations using standard multicore servers. The Rocketick technology is proven and in use today by marquee systems and semiconductor companies in the mobile, server, and graphics domains.
The Rocketick team will join the System & Verification Group, adding significant parallel simulation expertise. The transaction is not expected to have a material impact on Cadence’s fiscal 2016 results of operations. Terms of the transaction were not disclosed.
This acquisition further establishes Quantum Machines as the quantum company with the broadest global footprint,…
Supporting planned growth in InP silicon photonics technology Resolving all prior IP disputes between the…
Norwest leads the round with strategic participation from Snowflake Ventures, as Jedify addresses the AI…
Round brings total funding to $15 million from U.S., European and Israeli investors to support…
Quantum Machines achieves 99.5% median two-qubit gate fidelity when operating Rigetti Computing’s Novera™ superconducting QPU…
Unframe, the managed AI delivery platform for global enterprises, today announced it has crossed $100…