Intel Buys NetSpeed For NoC, Fabric IP

  • 10th Sep 2018

Sundari Mitra, a co-founder of NetSpeed in 2011 and the company’s CEO, is rejoining Intel as a vice president reporting to Jim Keller, senior vice president and general manager of the chipmaker’s Silicon Engineering Group. Mitra worked as an Intel chip designer earlier in her career.

NetSpeed’s entire team is joining the Silicon Engineering Group, bringing its expertise in SoC design tools and other tech specialties.

Financial terms of the transaction were not revealed.

NetSpeed’s network-on-a-chip IP and the startup’s design tool is meant to automate front-end design and generate programmable, synthesizable high-performance and energy-efficient interconnect fabrics, which are becoming key to IC packaging challenges.

“Intel is designing more products with more specialized features than ever before, which is incredibly exciting for Intel architects and for our customers,” Keller said in a statement. “The challenge is synthesizing a broader set of IP blocks for optimal performance while reining in design time and cost. NetSpeed’s proven network-on-chip technology addresses this challenge, and we’re excited to now have their IP and expertise in-house.”

Mitra added, “Intel has been a great customer of NetSpeed’s, and I’m thrilled to once again be joining the company. Intel is world class at designing and optimizing the performance of custom silicon at scale. As part of Intel’s Silicon Engineering Group, we’re excited to help invent new products that will be a foundation for computing’s future.”

Intel stated that it will honor NetSpeed’s existing contracts, while transitioning the team to an internal asset in the future.

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