Cadence Completes Acquisition of Secure-IC

Reuters
Oct 31
Cadence Completes Acquisition of Secure-IC

Cadence has completed its previously announced acquisition of Secure-IC, a provider of embedded security IP, security solutions, and evaluation tools and services. The combination of Cadence's expertise in IP and subsystem design with Secure-IC's embedded cybersecurity solutions aims to address increasing demand for robust security across sectors such as automotive, data center, aerospace and defense, mobile, IoT, and consumer electronics. According to Cadence, the acquisition is expected to have an immaterial impact on revenue and earnings this year.

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