Cadence Acquires Secure-IC: Strengthening Embedded Security

With the advancement of the semiconductor industry, embedded security has become an essential component of modern chip design This is especially true as the industry shifts towards AI-driven SoCs and chiplet architectures, where the importance of security frameworks is increasingly highlighted. On January 21, 2025, Cadence announced that it had reached a definitive agreement to acquire Secure-IC, a leading provider of embedded security IP platforms. This move not only marks Cadence's further expansion into the security domain but also reflects its determination to address the growing complexity of cybersecurity challenges.

Acquisition Details

Strengthening Embedded Security.jpgOn January 21, 2025, Cadence officially announced the acquisition agreement with Secure-IC. Secure-IC is a company headquartered in Rennes, France, specializing in embedded security IP platforms, evaluation tools, and services. Its flagship products include Securyzr™, Laboryzr™, and Expertyzr™. The acquisition is expected to be completed in the first half of 2025, subject to regulatory approvals and other customary conditions. Although the specific amount of the acquisition has not been disclosed, Cadence indicated that the transaction is expected to have a minimal impact on its revenue and profit in 2025.

Cadence is a computing software expert with over 30 years of experience, focusing on electronic system design and offering software, hardware, and IP solutions from chips to complete systems. Its customers include some of the world's most innovative companies across hyperscale computing, 5G communications, automotive, mobile devices, aerospace, and consumer electronics. Secure-IC, on the other hand, is a company dedicated to embedded security, with over 15 years of industry experience. Its solutions have been validated through more than 500 successful global projects. Secure-IC's customers include top-tier companies such as SK Hynix Memory Solutions America, Synaptics, Silicon Labs, and Faraday Technology.

Impact of the Acquisition

This acquisition will enhance Cadence's capabilities in the embedded security field and enable it to provide more comprehensive system solutions to its customers. Cadence's existing IP portfolio includes interface, memory, artificial intelligence/machine learning (AI/ML), and digital signal processing (DSP) solutions. By integrating Secure-IC's embedded security technology, Cadence will be able to offer more holistic system solutions to meet the growing security demands of complex SoCs and chiplet systems.

Secure-IC's customer base spans key areas such as automotive, data centers, mobile devices, aerospace, defense, IoT, and consumer electronics. The acquisition will bring new market opportunities to Cadence, especially in industries that are highly sensitive to security. In the long term, it will unlock a multi-billion-dollar incremental market opportunity for the company and further solidify its position in the electronic design automation software and services market.

Conclusion

The acquisition of Secure-IC by Cadence is a significant strategic move in the embedded security field, aimed at integrating advanced security technologies with a broad IP portfolio to enhance the security and reliability of global chip design. As the transaction is completed, Cadence is poised to embark on a new chapter in the embedded security domain, offering stronger support and services to customers worldwide.

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