ARM acquires security company; Accellera sends UVM 1.2 to the IEEE; Aldec updates simulator and verification tool; Synopsys releases USB Type-C IP, updates software testing suite, and open source code analysis report; Cadence and NXP release Q2 financials.
M&A
ARM acquired Israel-based Sansa Security, a provider of hardware security IP and software for advanced system-on-chip components deployed in IoT and mobile devices. The company’s technology is currently deployed across a range of smart connected devices and enterprise systems. Sansa IP will be integrated into ARM’s TrustZone and IoT portfolios.
Standards
Accellera sent UVM 1.2 over to the IEEE for further standardization. The working group will be established at its first meeting on August 6.
Tools
Aldec uncorked the latest release of its mixed-language simulator and advanced verification platform, adding support for Condition Coverage and Path Coverage.
IP
Synopsys introduced USB IP supporting the USB Type-C connectivity specification as well as USB 3.1, 3.0 and 2.0 specifications. The USB-C PHYs integrate Type-C functionality, reducing BOM costs by eliminating discrete multiplexers and crossbar switch components, which were previously required to support the Type-C connector.
Security
Synopsys updated its software testing suite for quality and security issues, adding coverage for JavaScript and Objective-C, plus security reporting for development supply chains and support for MISRA coding standards in the automotive industry.
Synopsys also released its annual Coverity Scan Open Source Report, boasting the largest sample size that the report has studied to date. For the report, the company analyzed code from more than 2,500 open source C/C++ projects as well as an anonymous sample of commercial projects in 2014. Based on static analysis defect density, open source code outpaced commercial code for quality. However, the report found commercial code to be more compliant with security standards.
Numbers
Cadence’s revenue in the second quarter of 2015 was $416 million, compared to revenue of $379 million reported for the same period in 2014. On a GAAP basis, net income was $58 million, compared to net income of $23 million for Q2 2014. Non-GAAP net income in the second quarter of 2015 was $85 million compared to net income of $64 million for the same period last year.
NXP also reported second quarter results, with total revenue of $1.51 billion and non-GAAP operating margin of nearly 28 percent. Revenue increased nearly 12 percent from the same period in the prior year, and increased about three percent from the prior quarter.
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