Synopsys touts first certified USB 2.0 PHY IP for 45nm

What is USB?
The Universal Serial Bus or USB is a communications architecture that allows a PC to interconnect various devices using a simple four-wire cable. A standard interface allows data rates of 12Mbps.

What does IP stand for?
(1) Internet Protocol is a basic communication language or protocol widely used in the Internet or a private network. It is a data-oriented protocol used for communicating data across a packet-switched internetwork. (2) Intellectual Property. A product of the intellect that has commercial value, including copyrighted property (literary or artistic works) and ideational property (patents, appellations of origin, business methods and industrial processes).