Intel Acquired NetSpeed Systems for Chip Design

Intel announced the acquisition of NetSpeed Systems, a provider of system-on-chip (SoC) design tools and interconnect fabric intellectual property (IP). Deal terms were not disclosed.

NetSpeed’s highly configurable and synthesizable offerings will help Intel more quickly and cost-effectively design, develop and test new SoCs with an ever-increasing set of IP. The NetSpeed team is joining Intel’s Silicon Engineering Group (SEG) led by Jim Keller. NetSpeed co-founder and CEO, Sundari Mitra, will continue to lead her team as an Intel vice president reporting to Keller.

Founded in 2011, NetSpeed provides scalable, coherent, network-on-chip (NoC) IP to SoC designers. NetSpeed’s NoC tool automates SoC front-end design and generates programmable, synthesizable high-performance and efficient interconnect fabrics. Intel expects to honor NetSpeed’s existing customer contracts, but NetSpeed will become an internal asset going forward.

“Intel has been a great customer of NetSpeed’s, and I’m thrilled to once again be joining the company,“ said Sundari Mitra, who worked at Intel as a chip designer earlier in her career. “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.“

As SoCs grow more complex and as new fabrication processes explode the number of design rules, architects are increasingly utilizing front-end tools like NetSpeed’s to automate the design and validation process saving time and money. NetSpeed’s technology helps architects estimate and optimize SoC performance in advance of manufacturing through a system-level approach, user-driven automation and state-of-the-art algorithms.