Cambridge, UK -- ARM is to acquire Triscend, a developer of configurable system-on-chip (CSoC) devices and customizable microcontrollers (MCUs), for $13.2million cash plus further cash payments of up to $1.8million depending on the achievement of certain revenue targets in the first twelve months after completion of the acquisition. Completion of the acquisition is subject to the fulfilment of certain conditions including approval by the shareholders of Triscend.
Based in Mountain View, California, Triscend is a private company which was set up in 1997 and has 41 staff. Its single-chip platform is designed to provide a ready-to-customize system-on-chip (SoC) with the flexibility of a field-programmable device and the price point of astandard product.
Triscend will bring ARM customer-proven MCU platform designs and supporting tools. ARM will be able to proliferate its architecture by selling configurable MCUs to OEMs for emerging applications.
A program will be launched within the existing ARM Partner Programs, to provide migration path to take matured MCU designs into ARM Partners' standard products and ASIC programs for high-volume applications.
Warren East, CEO of ARM, said, "Given the industry trend for upgrading 8- and 16-bit MCU designs, ARM believes the 32-bit MCU market will grow substantially over the next few years. By investing in this market now with the acquisition of Triscend, the ARM Partnership will be well positioned to take advantage of the anticipated growth."
Reynette Au, CEO of Triscend, said "ARM is widely recognized as the leading innovator in microprocessor IP and is the ideal company to move our technology forward. With the rise in costs of ASIC design at 90 nanometers, we believe configurable MCU platforms will become a key solution which will benefit our mutual customers."