Acquiring Company
Cadence
Acquired Company
PHY IP Assets
San JoseManufacturingInformation TechnologySoftwareMobileHealth CareDescription
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 DesignTM 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.
Quick answer
Cadence is acquiring PHY IP Assets, announced September 8, 2023. Cadence is based in San Jose, California, United States.
- How much did Cadence pay for PHY IP Assets?
- 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 PHY IP Assets 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.
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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
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- 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 To Acquire Intrinsix Corporation From Ceva (September 20, 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 PHY IP Assets?
PHY IP Assets was acquired by Cadence, based in San Jose. The deal was reported on September 8, 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 PHY IP Assets?
Cadence's acquisition of PHY IP Assets was reported on September 8, 2023. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PHY IP Assets do?
PHY IP Assets is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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