AUSTIN, Texas Artisan Components, Inc. (Sunnyvale, Calif.) announced the completion of its acquisition of NurLogic Design Inc. (San Diego), a provider of analog intellecutal property (IP) and high-bandwidth connectivity cores.
Artisan said it paid approximately $5 million in cash, and an estimated $12 million worth of stock, for the privately held Nurlogic. Artisan reserved approximately 822,000 of its common shares in connection with stock options assumed in the transaction.
Artisan adds to its arsenal NurLogic's high-performance analog timing blocks, including phase-locked loops (PLLs), delay-locked loops (DLLs), and interface IP including NurLogic's serializer-deserializer (serdes), PCI Express, and HyperTransport products.
"With the acquisition of NurLogic, Artisan intends to drive mixed-signal IP to be as pervasive as Artisan's digital libraries," said Mark Templeton, president and chief executive officer of Artisan Components, in a statement. "We plan to combine NurLogic's mixed-signal design expertise with Artisan's proven delivery methodologies and innovative business models to provide designers ready to use, silicon-proven IP in their foundry of choice."