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Intel acquires NetSpeed, greatly reducing chip design costs

Wednesday,Sep 12,2018

 According to technology blog VentureBeat Beijing time on September 11, the chip maker Intel announced on Monday that it acquired NetSpeed ??Systems, based in San Jose, Calif., and the purchase price has not been disclosed.

 
Intel said that the acquisition of NetSpeed ??will help improve its chip design tools. NetSpeed ??offers a highly configurable, comprehensive product that helps Intel design, develop, and test new system-on-chip (SoC) faster and more economically, while helping Intel design, develop, and test A complete working system is placed on an all-in-one chip on a single crystal silicon wafer.
 
The NetSpeed ??team will join Intel's Silicon Engineering Group, led by Intel senior vice president and chip designer Jim Keller. NetSpeed ??co-founder and CEO Sundari Mitra will serve as Intel's vice president to continue to lead her team and report to Keller.
 
"Intel is designing more products with more specialized features, which is very exciting for Intel architects and our customers," Intel senior vice president Keller said in a statement, "but the challenges we face." Yes, while controlling design time and cost, how to integrate IP blocks more widely to get the best performance. NetSpeed's mature chip network technology solves this challenge. It is worth celebrating that we have gained their knowledge now. Property rights and expertise."
 
Founded in 2011, NetSpeed ??Systems provides SoC designers with scalable, consistent, network-on-a-chip (NoC) intellectual property. NetSpeed's NoC tools automate SoC front-end design and produce programmable, comprehensive, high-performance, and efficient solutions.
 
"Intel has always been a key customer of NetSpeed ??and I am very happy to join the company again," Mitra said in a statement. In the early career of Mitra, he worked as an Intel chip designer.
 
In the future, Intel will comply with NetSpeed's existing customer contracts, but NetSpeed ??will become its internal assets. It is reported that Intel Capital is one of the investors of NetSpeed ??Systems.

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