I agree. Seems like Tensilica did very well for themselves. During the analyst call, Lip-Bu Tan was asked the question about why the purchase price was so much higher than Tensilica's annual revenue. Tan said "This is premium IP" and went on to say that only a handful of IP vendors can command royalties on their IP. Obviously, Tensilica is one of them.
I think Cadence favorite song is "Opps I did it again....I overpaid to acquire another mature IP company". But who cares, their stock is up 40% the past 12 months, so from Investor perception point of view, they are doing well. When the times comes to run checks and balances...i.e. Return on Investment in 5 years, is really when the rubber has to hit the road!
Interesting read at mobilitytechzone.com: "Tensilica Incorporation, a market leader in licensing IP core processors, recently announced the strengthening of its strategic relationship with Huawei Technologies, the Chinese multinational networking and telecommunication giant."
Market leader no less. This may put CDNS at odds with the gov't in some ways.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.