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IP & Patents

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Description

A patent is an intellectual property right granted by a Government to an inventor to exclude others from making, using, offering for sale, or selling the invention throughout the granting country or importing the invention into the granting country for a limited time in exchange for public disclosure of the invention.

Intellectual property, or IP, is understood in the semiconductor and EDA industries to mean a design or verification unit that is pre-packed and available for licensing. IP blocks, also called IP cores, are a piece of the design, such as a processor, that has been pre-verified and can be included in someone else’s design. There is often a license fee attached to its usage and possibly a royalty for every device made that contains that piece of IP. IP has become essential for the creation of large and complex devices as it would be nearly impossible for any single company to develop all of the blocks necessary for these devices.

The most common types of IP are for processors, peripherals, interconnect and memories. Verification IP (VIP) is a pre-package set of code used for verification.

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