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Cadence Sells PANTA Display Controller Cores to ARM

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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

 

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