Cadence Design Systems buys chip design co., Clear Shape
Cadence Design Systems, a chip design company, has purchased Clear Shape Technologies, another chip design company.
See announcement here, which provides more details about what each of these companies do. The deal amount wasn’t disclosed.
Clear Shape, founded in 2003, had raised more than $10 million from investors including AsiaTech Management, Intel Capital, KT Venture Group, Telos Ventures and U.S. Venture Partners.
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