# Cadence to acquire Intrinsix Corporation from CEVA

Cadence Design Systems has entered a definitive agreement to acquire Intrinsix Corporation, a CEVA subsidiary providing design engineering solutions for the U.S. aerospace and defense industry.

- Type: Acquisition
- Announced: 2023-09-20
- Where: United States
- Status: announced
- Products: design engineering solutions for aerospace and defense
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Cadence Design Systems](https://endata.com/companies/27778.md) (acquirer)
- [CEVA](https://endata.com/companies/40813.md) (partner)
- [Intrinsix Corp.](https://endata.com/companies/55009.md) (target)

## Sources

- [newsroom.cadence.com](https://newsroom.cadence.com/press-releases/press-release-details/2023/Cadence-to-Acquire-Intrinsix-Corporation-from-CEVA-09-20-2023/default.aspx), 2023-09-20: "Cadence Design Systems, Inc. and CEVA, Inc. today announced that they have entered into a definitive agreement for Cadence to acquire Intrinsix Corporation"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.