Cadence acquires Forte Design Systems
Cadence Design Systems Inc. has entered a deal to acquire Forte Design Systems, a provider of SystemC-based high-level synthesis (HLS) and arithmetic IP. The addition of Forte's synthesis and IP products to the Cadence C-to-Silicon Compiler offering will enable Cadence to further drive a SystemC standard flow for design and multi-language verification.
"Growth in the high-level synthesis market segment is accelerating," said Charlie Huang, SVP of the system & verification group and worldwide field operations at Cadence. "HLS tools are now addressing a broader application space and producing equal or better quality of results than hand-coded RTL, fuelling worldwide adoption and production deployment amongst leading companies. We look forward to welcoming Forte's technology and skilled team to Cadence to help address this opportunity."
Forte brings high quality of results (QoR) for datapath-centric designs, world-class arithmetic IP, valuable SystemC IP and IP development tools. Forte's Cynthesizer HLS product features strong support for memory scheduling, especially for highly parallel or pipelined designs. These strengths complement the high QoR for transaction-level modeling, under-the-hood RTL synthesis and incremental ECO support featured by Cadence C-to-Silicon Compiler.
"Cadence and Forte have compatible approaches to high-level synthesis, and a similar vision to enable migration of design to the system level," said Sean Dart, CEO of Forte. "The combination will benefit customers through a standardized system-level flow, improved product capabilities for both customer bases, and integration all the way to silicon."
The acquisition is expected to close within 30 days. Taking into account the effects of merger accounting, the transaction is expected to be slightly accretive to Cadence's 2014 results of operations and accretive in 2015 and beyond. Terms of the transaction were not disclosed.
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