Cadence Shares Moving Lower After Company Announced Acquisition of High Speed Interface IP Assets of TranSwitch Corporation
February 12, 2014 at 16:26 PM EST
Adding to its rapidly expanding IP portfolio, Cadence Design Systems, Inc. (NASDAQ: CDNS ), a leader in global electronic design innovation, today announced that it has acquired the high speed interface IP assets of TranSwitch Corporation and has also hired its experienced IP development team. Included in this transaction