Synopsys, Inc. announced that it has signed a definitive agreement to acquire certain IP assets from eSilicon. This acquisition will expand Synopsys’ DesignWare® Embedded Memory IP portfolio with TCAMs and multi-port memory compilers, as well as its Interface IP portfolio with High-Bandwidth Interface (HBI) IP. The acquisition will also add a team of experienced R&D engineers to further scale Synopsys’ IP development in the most advanced process technologies to address customers’ evolving design requirements in growing markets such as AI and cloud. The remaining entirety of eSilicon, including its ASIC business and 56/112G SerDes design and related IP, will be acquired by Inphi Corporation.

The transaction, which is expected to close during Synopsys’ first quarter of fiscal 2020, is not material to Synopsys’ financials and is subject to Vietnamese regulatory approval and customary closing conditions. Terms are not being disclosed.