Cadence settles case with Berkeley Design; Mentor wins China emulation deal; NXP rolls out MCUs based on ARM cores; Intel declares dividend.
India’s reliance on technology has created a huge demand for software in the country. IDC expects the market for enterprise software in India to grow 19%, and the market for collaborative applications to grow 13.5%. Growth is continuing across all business markets, turning India into a huge consumer of software rather than just a creator. The enterprise software market in India is dominated by Microsoft, Oracle and SAP, IDC said.
Lenovo plans to acquire IBM‘s x86 server business for $2.3 billion. The company bought IBM’s PC business back in 2005. Under the terms of the deal, Lenovo also will offer jobs to 7,500 IBM employees.
Cadence and Berkeley Design Automation shook hands and called off their lawyers. The two settled a case filed by Cadence against BDA last year. As part of the settlement, the companies signed a multi-year interoperability agreement between BDA’s analog FastSPICE simulator and Cadence’s analog design environment. BDA also agreed to pay an undisclosed amount to Cadence.
Mentor Graphics won a deal with the Shanghai Zhang-Jiang Institute for its emulation system, which will be used for R&D for new SoCs. Shanghai Zhang-Jiang is a research house and incubator for new technologies in China.
NXP rolled out a new line of USB microcontrollers based on ARM’s Cortex M0 processor. NXP is targeting the chips across a wide swath of markets, from consumer to industrial and medical.
Intel declared a quarterly dividend of 22.5 cents a share. The company’s stock has been on a rebound since last month, despite its recent earnings report and news that it is delaying the opening of a new fab.
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