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General

Intel buys SoC tool provider NetSpeed Systems

Tuesday 11 September 2018 | 09:48 CET | News
Intel has bought NetSpeed Systems, a San Jose, California-based provider of system-on-chip (SoC) design tools and interconnect fabric intellectual property (IP). No financial terms were disclosed but Intel said the deal will help it more quickly and cost-effectively design, develop and test new SoCs with an ever-increasing set of IP. All of the NetSpeed team will join Intel's Silicon Engineering Group (SEG) led by Jim Keller. NetSpeed co-founder and CEO Sundari Mitra, will continue to lead her team as an Intel vice president reporting to Keller.

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Categories: General
Companies: Intel
Countries: World
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