Network on chip IP developer to go public

Network on chip IP developer to go public

Business news |
By Nick Flaherty

As chips have become more complex, so the Network on Chip (NOC) has become a critical component of the system-on-a-chip. With the move to 3D chips and chiplets all needing low latency reliably connectivity, the on-chip interconnect is vital.

Two French designers saw this back in 2003, and Arteris was born as an IP supplier. Now the technology was been used in mobile chips from pretty much all the major suppliers, from Freescale/NXP and Texas Instruments to Samsung and Qualcomm. The company signed 28 licensees in 2020 for various technologies in the company, bringing the tally of customers to 200, with more automotive design wins such as Intel’s Mobileye subsidiary, LiDAR sensor company Aeva and Baidu in China.

“We are proud that Aeva is not only our 200th licensee but a customer that is taking the lead in the efficient processing of 4D LiDAR information into actionable data,” said Charles Janac, President and CEO of Arteris IP. “Achieving the 200th customer milestone is a significant achievement for Arteris IP and demonstrates the trust our customers place in us. Our company’s growth is evidence of the critical role our technology plays in the development of the systems-on-chip that are the foundations of innovation in autonomous vehicles, artificial intelligence and machine learning, and 5G wireless communications.”

With the world now aware of how important the semiconductor industry is, the latest incarnation of the company, Arteris IP, headquartered in California, is filing to go public. The company has raised over $50m, with the latest backing of $5m this year, but the size of the share offering and the price has yet to be decided.

But the path has not been smooth. The initial investors included ARM , Crescendo Ventures, DoCoMo Capital, Qualcomm, Synopsys, TVM Capital, and Ventech. The original NOC technology, FlexNOC, was sold to Qualcomm back in 2011 as part of a deal where Arteris held onto existing contracts and licensed the technology back. Since then, Arteris IP has developed a new generation of NOC, the Ncore Cache Coherent Interconnect, with support for ASIL safety critical designs for the automotive market.

Last year the company acquired the SoC design team of 45 engineers from design partner Magillem in Paris, doubling the size of the company at the time, although the team has doubled again to 200 staff. The Magillem deal bought expertise in the IEEE 1685 IP-XACT standard for IP reuse, launching a new product line.

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