Synopsys buys Intrinsic-ID for PUF security

Synopsys buys Intrinsic-ID for PUF security

Business news |
By Nick Flaherty

Synopsys has completed the acquisition of security element provider Intrinsic ID

Intrinsic-ID, originally founded in the Netherlands as a spinout from Philips Research but now headquartered in California, develops Physical Unclonable Function (PUF) IP used to secure system-on-chips (SoCs).

The acquisition, for an undisclosed sum, adds production proven PUF IP to the Synopsys semiconductor IP portfolio, enabling SoC designers worldwide to protect their SoCs by generating a unique identifier on chip utilizing the inherent and distinctive characteristics of every silicon chip.

The acquisition also adds Intrinsic ID’s team of experienced research and development engineers who have deep expertise in PUF technology. The terms of the deal, which are not material to Synopsys financials, are not being disclosed.

Intrinsic-ID had raised €10.4m and debt of €25m, including from the European Investment Bank (EiB). Sassine Ghazi, president and CEO of Synopsys,  would not comment on the price paid. “Intrinsic-ID will make us the leader in silicon security,” said Ghazi.

“In our increasingly connected world, chip designers are integrating PUF technology in their SoCs for many applications, including identification and the creation of a product ID for track and trace,” said Joachim Kunkel, general manager of the Solutions Group at Synopsys.

“The acquisition of Intrinsic ID complements our extensive semiconductor IP portfolio, further helping designers create SoCs that are at the heart of today’s smart and connected devices. We look forward to expanding our R&D presence in the Netherlands with Intrinsic ID’s team and establishing a centre of excellence for PUF technology in Eindhoven.”

Synopsys is currently evaluating potential buyers for its application security testing business, says Ghazi.


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