Acquiring Company
Cadence
Acquired Company
Intrinsix
San JoseManufacturingInformation TechnologySoftwareMobileHealth CareDescription
Cadence Design Systems, Inc. (Nasdaq: CDNS) and CEVA, Inc. (Nasdaq: CEVA), a leading licensor of wireless connectivity and smart sensing technologies, today announced that they have entered into a definitive agreement for Cadence to acquire Intrinsix Corporation, a wholly owned subsidiary of CEVA and a provider of design engineering solutions focused on the U.S. aerospace and defense industry. The purchase will bring Cadence a highly skilled engineering team that has expertise in advanced nodes, radio frequency, mixed-signal and security algorithms.
Quick answer
Cadence is acquiring Intrinsix, announced September 20, 2023. Cadence is based in San Jose, California, United States.
- How much did Cadence pay for Intrinsix?
- The deal value was not disclosed.
- What does Cadence do?
- Cadence is a pioneering health technology company helping the nation’s most patient-centric health systems deliver world-class care outside of the four walls of the hospital.
- Where are Cadence and Intrinsix based?
- Cadence is based in San Jose, California, United States.
- Who are the decision-makers at Cadence?
- Fundz holds 3 contacts at Cadence. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Mobile and Manufacturing
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Veritas Farms Acquires Asystem And Asystem Labs As Part Of Growth Strategy To Build The Next Generation Of Innovative Wellness Brands (August 28, 2023)
- Cadence Announces The Acquisition Of Arc Group Worldwide'S Florida Location (October 3, 2023)
- Airlife Completes Acquisition Of Avanos Medical’S Respiratory Health Business (October 2, 2023)
- Cadence Completes Acquisition Of Intrinsix (October 2, 2023)
- Cadence Completes Acquisition Of Phy Ip Assets From Rambus (September 8, 2023)
- Theken Companies Acquires Visionair Solutions (August 22, 2023)
Who to call at Cadence, and when
When Cadence changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Intrinsix?
Intrinsix was acquired by Cadence, based in San Jose. The deal was reported on September 20, 2023. Cadence is a pioneering health technology company helping the nation’s most patient-centric health systems deliver world-class care outside of the four walls of the hospital. Cadence is privately held and operates in Manufacturing.
When did Cadence acquire Intrinsix?
Cadence's acquisition of Intrinsix was reported on September 20, 2023. Cadence Design Systems, Inc. (Nasdaq: CDNS) and CEVA, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Intrinsix do?
ASIC design services firm developing state of the art electronics for businesses from startups through fortune 100 industry leaders. It is privately held.
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