Cadence acquires nusemi inc

Exploding bandwidth requirements for cloud and hyperscale datacenter connectivity are driving the need for increasingly faster SerDes solutions. nusemi is developing next-generation SerDes technologies that will complement Cadence’s existing SerDes solutions.

These high-speed SerDes solutions will provide significant value to the hyperscale datacenter, edge computing, networking, and telecom segments by enabling very high bandwidth and efficient solutions with reduced power consumption and cost.

IP is a critical element of Cadence’s System Design Enablement strategy, with a focus on enterprise (HPC, datacenter, networking/edge computing, and storage), mobility, and automotive applications at the most advanced FinFET nodes. nusemi’s ultra-high-speed SerDes technology is highly complementary to Cadence’s strengths in memory, storage, interconnect and digital signal processing (DSP) IP.

“The demands of cloud services and high-performance computing require continued innovation to deliver faster, denser and longer reach connectivity at ever-increasing speeds,” said Babu Mandava, senior vice president and general manager of the IP Group at Cadence.

“The nusemi team brings strong SerDes expertise, and their innovative architecture is well-positioned to meet those needs. We welcome nusemi’s talented team to Cadence.”

“nusemi is focused on providing a high-speed connectivity solution at new levels of power efficiency to enable the next generation of hyperscale data centers,” said Stefanos Sidiropoulos, co-founder and CEO of nusemi inc.

“The synergy between the Cadence IP strategy and nusemi’s technology plus the combination of our talented teams will accelerate the delivery of our high-speed SerDes offering at the most advanced process nodes. We are excited to join Cadence to further our original vision."

The transaction is not expected to have a material impact on Cadence’s fiscal 2017 operational results. Terms of the transaction were not disclosed.