Cadence Sells PANTA Display Controller Cores to ARM

ARM, the leading semiconductor IP supplier

and Cadence Design Systems, Inc.

, 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