Mosaid finalizes sale of IP product division

Mosaid-logo.JPGMosaid Technologies finalizes the US$15.3-million sale of its semiconductor IP product business to Calif.-based semiconductor design software company Synopsys Inc. The sale of all assets and IP associated with its DDR memory controller and PLL frequency regulator product families, sees Mosaid achieve its goal of becoming a pure-play intellectual property company. Synopsys hired all 18 staff in Mosaid’s semiconductor IP engineering division.

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