Cadence Design Systems Acquires Rocketick Technologies for Undisclosed Sum

  • Feed Type
  • Date
    4/12/2016
  • Company Name
    Rocketick Technologies
  • Mailing Address
    1735 North 1st St. San Jose, CA 95112 USA
  • Company Description
    Rocketick helps chip manufacturers reduce the overall time to market of new chip designs by up to 30%. Its flagship product, RocketSim, solves functional verification bottlenecks by complementing simulators with a GPU-based acceleration solution, offering over 10X faster simulations for highly complex designs.
  • Website
    http://www.rocketick.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Rocketick’s technology accelerates Cadence Incisive® Enterprise Simulator to provide up to 6X speed-up for register-transfer-level (RTL), up to 10X speed-up for gate-level functional and up to 30X speed-up for gate-level DFT simulations using standard x86-based servers. Terms of the transaction were not disclosed.