Cadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has completed the previously announced acquisition of the SerDes and memory interface PHY IP business from Rambus Inc. With the continued proliferation of AI, data center and hyperscale applications, CPU architectures, and networking devices, the technology asset purchase enriches Cadence’s established IP portfolio and augments the company’s Intelligent System Design™ strategy, which drives design excellence. The acquisition also comes with the addition of experienced PHY engineering teams in the United States, India and Canada, further expanding Cadence’s domain-rich talent base.
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Cadence completed the acquisition of the SerDes & memory interface PHY IP business from @rambusinc. With the proliferation of AI, data center & hyperscale apps, CPU architectures, & networking devices, the purchase enriches Cadence's IP portfolio.
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