Nasdaq listed Cadence Design Systems, Inc. a leader in global electronic design innovation, has acquired Cosmic Circuits Private Limited, a leading provider of analog and mixed signal intellectual property (IP) cores for $62 million (Rs. 359 crore)..J. Sagar Associates advised Cadence Design Systems with a team led by Partners Sajai Singh & Gerald Manoharan along with Senior Associate Prashant Kumar; and Associates Soumya Patnaik, Rakesh Warrier, Ankita Ray and Garima Jhunjhunwala..King Stubb & Kasiva acted as the legal advisor for Bangalore-based Cosmic Circuits with a team led by Partner Rajesh Sivaswamy..The addition of the Cosmic Circuits product line will broaden the Cadence IP portfolio, strengthening its solutions to address mobile device, cloud/datacenter and “internet of things” market opportunities, reports Dealcurry.
Nasdaq listed Cadence Design Systems, Inc. a leader in global electronic design innovation, has acquired Cosmic Circuits Private Limited, a leading provider of analog and mixed signal intellectual property (IP) cores for $62 million (Rs. 359 crore)..J. Sagar Associates advised Cadence Design Systems with a team led by Partners Sajai Singh & Gerald Manoharan along with Senior Associate Prashant Kumar; and Associates Soumya Patnaik, Rakesh Warrier, Ankita Ray and Garima Jhunjhunwala..King Stubb & Kasiva acted as the legal advisor for Bangalore-based Cosmic Circuits with a team led by Partner Rajesh Sivaswamy..The addition of the Cosmic Circuits product line will broaden the Cadence IP portfolio, strengthening its solutions to address mobile device, cloud/datacenter and “internet of things” market opportunities, reports Dealcurry.