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TMCNet:  Cadence buys city-based Cosmic Circuits [India Business] [Times of India]

[February 12, 2013]

Cadence buys city-based Cosmic Circuits [India Business] [Times of India]

(Times of India Via Acquire Media NewsEdge) BANGALORE: Cosmic Circuits, the Bangalore-based provider of semiconductor IPs (intellectual property), has been acquired by Cadence Design Systems , the US company that provides software tools to design integrated circuits and printed circuit boards.

The value of the deal was not disclosed. "It was a very good exit," is all that Cosmic founder Ganapathy Subramaniam would say. Subramaniam founded Cosmic in 2005, after working with semiconductor major Texas Instruments for 16 years. The company has over 300 IPs in what is called the analog and mixed signal circuit space. Every year some 75 million chips are shipped with Cosmic IPs.

Analog and mixed signal chips (the latter combines analog and digital circuits on a single chip) are present in almost every electronic product. Analog chips are what read and process speech, music, video, light, pressure, temperature.

Martin Lund, Cadence's senior vice president of R&D, told TOI that Cosmic's IPs would help Cadence offer customers a more complete selection of IPs for mobile devices and automotive infotainment. "Their low-power IP solutions will also be relevant in the area of internet-of-things that we are increasingly getting into," he said. Internet of things refers to the trend of making everyday machines and devices talk to each other, and be controlled through the internet.

Lund said customers prefer single solutions, and the objective would be to integrate Cosmic IPs with Cadence IPs to offer more complete solutions. Rival Synopsys currently has the most number of IPs in the analog and mixed signal space.

(c) 2013 Bennett, Coleman & Company Limited

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