The Week In Review: Design/IoT

Mergers & Acquisitions

Synopsys acquired WinterLogic, provider of fault simulation tools used in automotive, safety and security environments for the design and verification of advanced SoCs. In announcing the deal, Synopsys highlighted fault simulation as key for ISO 26262 compliance testing. Terms were not disclosed.

IP & IoT

Mentor Graphics unveiled the first entirely native UVM SystemVerilog memory verification IP library, with over 1600 memory models, for all commonly used memory devices, configurations, and interfaces. Test plans, compliance tests, test sequences and protocol coverage are included as SV and XML source code.

NXP launched a new contactless development platform targeted at new and emerging business models in the smart card market, enabling easier integration of multiple applications on a single card.

Deals & Certifications

Rambus inked a deal with Athena to its patents covering DPA Countermeasures to be used in Athena’s cryptographic security IP cores for FPGAs and defense ASICs.

Hiroshima University ported its traffic sign recognition algorithms to Cadence’s FPGA-based rapid prototyping platform, which the university team said reduced its automotive Advanced Driver Assistance Systems (ADAS) algorithm development time by up to 70%.

TE Connectivity signed an enterprise-wide license agreement for Ansys’ structures, fluids and high-frequency electromagnetics suites as well as access to high-performance computing solutions. Plus, Red Bull Racing Formula One implemented Ansys’ CFD and HPC software in optimizing its vehicle designs.

Harman and NXP teamed up on Harman’s Connected Car Compute Platform, which incorporates wireless vehicle-to-x capability (V2X) based on NXP’s RoadLINK technology.

Samsung Foundry certified Synopsys’ Galaxy Design Platform for Samsung’s 14LPP FinFET process. The certification also produced a reference flow, compatible with the Lynx Design System, that includes scripts for automation and design best practices.

Numbers

Mentor Graphics released financial results, posting fiscal fourth quarter revenues of $337.3 million, down 23% compared to the same quarter last year. GAAP earnings per share were $0.51 (down 47%), and non-GAAP EPS of $0.63 (down 42%). For the full year, revenues were $1.181 billion, down 5% from the prior year. GAAP EPS stood at $0.81 (down 36%), and non-GAAP EPS of $1.55 (down 12%). Mentor president Gregory K. Hinckley pointed out that “full-year non-GAAP operating margins exceeded 20% and cash flow from operations increased 65% to a record of nearly $230 million,” and that the company reduced shares outstanding by approximately 10%.