ARM Buys Product Portfolio, Other Business Assets Of Carbon Design Systems

(RTTNews) - Chipmaker ARM Holdings Plc. (ARM.L, ARMH) Tuesday said it has acquired the product portfolio and other business assets of Carbon Design Systems, a supplier of cycle-accurate virtual prototyping solutions. The acquisition terms have not been disclosed.

As part of this acquisition, Carbon's staff will transfer to ARM.

ARM noted that the combination of assets and expertise will significantly enhance its capability in system-on-chip or SoC architectural exploration, system analysis and software bring-up.

It will also enable earlier availability of cycle-accurate models for future ARM processors and ARM-based systems.

In future, Carbon products will be marketed as ARM Cycle Models and will remain available from ARM IP Exchange. ARM will also continue to offer Carbon's solutions for model generation and SoC analysis.

In London, ARM shares were trading at 972.50 pence, down 0.31 percent.