SAN JOSE, CA – Cadence Design Systems has announced the acquisition of Invecas, a provider of design engineering, embedded software and system-level solutions headquartered in Santa Clara, CA.

Th acquisition brings a skilled engineering team centered in Hyderabad, led by Invecas CEO Dasaradha Gude, that has vast experience in delivering end-to-end system solutions with deep expertise in advanced nodes, mixed-signal, verification, embedded software, packaging and turnkey custom silicon production, Cadence said a release.

Invecas has served hundreds of customers across various verticals, including mobile, networking, hyperscaler and automotive, and in addition to Cadence’s EDA solutions, the newly acquired company will also leverage and augment Cadence’s IP portfolio to enable more comprehensive custom product solutions.

"With complexity and challenges increasing due to the proliferation of AI, 2.5D/3D and chiplet designs, customers need access to experienced teams that can assist with bringing designs from ideation to production," said Boyd Phelps, senior vice president and general manager, Silicon Solutions Group, Cadence. "With the acquisition of Invecas, Cadence is able to scale our system design engineering offerings to support customers in critical high-growth verticals who are faced with the need to aggressively increase performance while tackling ever-increasing system-level complexity."

"Generational trends are accelerating the increases in design complexity and driving a customer need for skilled engineering talent that can assist with system design," said Dasaradha Gude, CEO, Invecas. "We are excited to join the Cadence team and to enhance the solutions available to customers, utilizing our core expertise to accelerate customer silicon and system development efforts."

The terms of the transaction were not disclosed. The acquisition is expected to be immaterial to Cadence’s total revenue and earnings this year, the company said.

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