The Week In Review: Feb. 24
By Ed Sperling
Synopsys completed its $523 million acquisition of Magma. It noted that Magma CEO Rajeev Madhavan will not join Synopsys, but will be available in an advisory capacity. Synopsys also announced its results for fiscal Q1. Revenue was up 16.7% to $425.5 million, compared with $364.6 million in the same period in 2011. On a GAAP basis, net income was $56.7 million, compared with $48.2 million in 2011, an increase of 17.6%.
Mentor Graphics expanded its support for UVM to make it easier for teams to transition from their existing verification environment to the new standard, which is now supported by all three of the major EDA companies. UVM Express simplifies the migration or co-existence, while UVM Connect provides cross-language communication.
Tensilica rolled out its LTE-Advanced baseband processors and a strategy for reducing power while increasing performance for the Level 1 PHY. The company also inked a deal with Sensory for a complete speech recognition subsystem, and it announced that Arkamys‘ Audio Enhancement Software will be ported to Tensilicaâ€™s HiFi audio DSPs.
Cadence rolled out its 40/100 gigabit Ethernet media access controller IP, which is aimed at large data centers and high-performance computing. This is particularly important in the cloud, where moving data quickly across servers and sometimes across data centers is essential.