Rocketick was founded in 2008 by a group of hardware-assisted acceleration experts and has been a pioneer of GPU-based acceleration of chip verification. The company has received more than $5.5 million in funding from investors including Intel Capital, Nvidia Corp. and Peregrine Ventures.
Cadence said that when used wit its Incisive Enterprise simulator Rocketick's multiprocessing technology enables a 6x speed-up for RTL simulation, a 10x speed-up for gate-level functional simulation and a 30x speed-up for gate-level design-for-test simulation. The Rocketick technology can be deployed on x86 multicore servers and scales up to 64 cores, Cadence added.
"Rocketick is the leading, established provider of parallel simulation technology," said Anirudh Devgan, a senior vice president at Cadence, in a statement.
The acquisition is expected to close in the second quarter of fiscal 2016, and is not expected to have a material impact on Cadence’s fiscal 2016 results of operations.
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