Online information source for semiconductor professionals

Virage Logic bags mixed signal IP from NXP

12 October 2009 | By Mark Osborne | News > Fab Management

Popular articles

Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008

‚??Velocity‚?? the new buzzword in Intel‚??s PQS annual awards - 12 April 2012

Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008

TSMC honors suppliers at annual Supply Chain Management Forum - 03 December 2008

Sematech Litho Forum: Sematech mulling multi-beam mask writer effort - 12 May 2010

Rick Clemmer, president and CEO of NXP.A deal between Virage Logic and NXP Semiconductors will see Virage gain advanced CMOS intellectual property rights and certain engineering staff and equipment related to NXP’s mixed signal technology. Virage Logic will establish an R&D centre in Eindhoven providing on-going support to NXP related to the IP. New products are expected to be released based on the deal in 2011.

Under the terms of the multi-year agreement, NXP will transfer over 160 employees and selected CMOS libraries etc… NXP will also receive 2.5 million shares of Virage Logic common stock.

“NXP’s decision to select Virage Logic as its trusted IP provider allows the company to focus on its strategic vision to achieve leadership in high performance mixed signal,” commented Rick Clemmer, president and CEO of NXP. “The partnership with Virage Logic will also guarantee the availability of state-of-the-art of IP to NXP and provides NXP the opportunity to participate in the value creation through our equity ownership and license sharing agreement with Virage Logic.” 

Related articles

Freescale completes takeover of SigmaTel - 01 May 2008

Renesas to sell 150mm fab in Germany to new foundry operator - 24 September 2008

NXP adds to management team - 23 October 2009

Cadence taps engineering and design expertise in European Universities to form network - 18 October 2007

X-FAB expands technical service support - 08 December 2009

Reader comments

No comments yet!

Post your comment

Please enter the word you see in the image below: