(iTers News) - Silvaco, Inc. has signed a letter of intent to acquire SoC Solutions. Founded in 2000, SoC Solutions is a privately held company that licenses semiconductor IP and services.

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Located in the greater Atlanta, Georgia area, the semiconductor IP provider has been of designing SoCs with its embedded microprocessors.

The acquisition is to leverage SoC Solutions’ seasoned  ASIC and embedded software developers to work together with strong IP team at Silvaco to address IoT market.

SoC Solutions has been working together with SoC chip developers to help them develop a next generation of IoT  and M2M (Machine to Machine) silicon devices by licensing semiconductor IP along with world class services to build innovative connected products.

Pre-configured IP subsystems from SoC Solutions have been deployed successfully in numerous ASICs, SOCs, FPGAs and Structured ASIC designs over many generations of products from major OEMs and semiconductor companies.

“The SoC Solutions engineers bring formidable design skills and experience to Silvaco,” said Warren Savage, General Manager of the IP Division at Silvaco. “Their hardware and embedded software expertise take the offerings we can bring customers to the next level. We look forward to welcoming them into Silvaco and providing them with the global platform to fully realize the value of their products and services.”

“It is an exciting time for the team to join Silvaco,” said Jim Bruister, CEO, SoC Solutions. “We have demonstrated over the years a complete commitment to our customer successes, a value Silvaco also shares. This has created solid partnerships and repeat customers in addition to an excellent record of product success. Now is the time to combine our efforts with Silvaco’s leadership in worldwide IP delivery.”

The acquisition is expected to close soon.

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