Market Overview

Cadence Sells PANTA Display Controller Cores to ARM

Share:
Related ARMH
ARM Holdings Posts Q4 Profit, Lifts Dividend
Earnings Scheduled For February 11, 2015
10 big tech stocks that climbed back from the dot-com crash (Investor's Business Daily)

ARM, the leading semiconductor IP supplier (NASDAQ: ARMH) and
Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global
electronic design innovation, today announced that the companies have
signed a definitive agreement for the sale and transfer of Cadence PANTA
display controller cores to ARM. The agreement enhances the companies'
long-standing ecosystem collaboration and strengthens their technical
alignment.

Cadence's PANTA family of high-resolution display processor and scaling
coprocessor IP cores was co-developed in conjunction with ARM and is
targeted at advanced multimedia applications for high-end mobile devices
with ultra-low power consumption.

“Display technology is critical to the mobile consumer's user

See full press release

Posted-In: News Guidance Contracts Asset Sales Management M&A Global

 

Related Articles (ARMH + CDNS)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→