Arteris licenses FlexNoC 5 interconnect IP to GigaDevice for enhanced automotive product performance and compliance with safety standards.
Quiver AI Summary
Arteris, Inc. has announced that GigaDevice has licensed its FlexNoC 5 interconnect IP to improve product performance, reduce power usage, and accelerate time to market for advanced automotive technologies. GigaDevice, known for its reliable automotive-grade solutions, emphasizes functional safety and compliance with stringent industry standards. The collaboration aims to leverage Arteris' expertise in interconnect technology, with GigaDevice's Senior Director highlighting the value of FlexNoC 5 in managing the complexity of safety standards. Arteris' CEO expressed excitement about supporting GigaDevice in its mission to deliver innovative automotive solutions. The FlexNoC 5 IP offers high performance and flexibility while integrating crucial safety features for system-on-chip designs.
Potential Positives
- Arteris has secured a significant licensing agreement with GigaDevice for its FlexNoC 5 interconnect IP, enhancing both companies' capabilities in the automotive sector.
- The partnership is expected to improve product performance, reduce power consumption, and accelerate time to market, making Arteris’ solutions more attractive to potential clients.
- GigaDevice's commitment to high safety and performance standards in automotive applications aligns well with Arteris' advanced technology, which adds credibility to Arteris' market position.
- The press release emphasizes Arteris' expertise in meeting industry standards for functional safety and reliability, which can attract additional clients in various fields including automotive and consumer electronics.
Potential Negatives
- Dependence on GigaDevice for revenue could be a risk if the partnership does not yield expected outcomes or if GigaDevice changes direction.
- Lack of specific performance metrics or outcomes related to the FlexNoC 5 interconnect IP's impact on GigaDevice’s products raises questions about the effectiveness of the licensing agreement.
FAQ
What is the main announcement from Arteris, Inc.?
Arteris, Inc. announced that GigaDevice has licensed its FlexNoC 5 interconnect IP to enhance product performance and efficiency.
How does FlexNoC 5 benefit GigaDevice's products?
FlexNoC 5 improves product performance, reduces power consumption, and shortens time to market for GigaDevice's automotive-grade solutions.
What industries does GigaDevice serve?
GigaDevice serves various industries including automotive, computing, consumer electronics, IoT, mobile, networking, and communications.
What certifications does GigaDevice's management system hold?
GigaDevice's management system has achieved ISO 9001:2015 and ISO 14001:2015 certifications, ensuring quality management standards.
Why did GigaDevice choose Arteris for interconnect technology?
GigaDevice selected Arteris due to its proven track record in interconnect technology and experienced support team for functional safety standards.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
CAMPBELL, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced GigaDevice has licensed FlexNoC 5 interconnect IP to enhance product performance, reduce power consumption and shorten time to market. These solutions offer flexibility and cost-efficiency, supporting companies in developing advanced technologies.
GigaDevice provides industry-proven product families. These products offer high performance and reliability for applications requiring automotive-grade solutions. Committed to meeting the stringent standards of the automotive industry, the company focuses on innovation and quality. Its products incorporate functional safety to address the demands of modern automotive technology.
“We chose Arteris because of its proven track record in interconnect technology and experienced support team,” said Sherry Jia, Senior Director of MCU Department, GigaDevice. “FlexNoC 5 is especially valuable when managing the complexities of functional safety standards.”
“We are thrilled to bring our advanced interconnect IP to GigaDevice’s automotive products,” said K. Charles Janac, president and CEO of Arteris. “We are dedicated to supporting our customer’s mission of creating cutting-edge automotive solutions that meet the highest standards of safety and performance.”
Arteris' FlexNoC 5 interconnect IP delivers high performance, flexibility and scalability. It integrates hardware reliability and functional safety features, ensuring compliance with industry standards. The NoC’s physical awareness allows SoC architects to anticipate design challenges early on, significantly reducing iteration cycles.
About Arteris
Arteris is a leading provider of system IP for the acceleration of system-on-chip (SoC) development across today's electronic systems. Arteris network-on-chip (NoC) interconnect IP and SoC integration automation technology enable higher product performance with lower power consumption and faster time to market, delivering better SoC economics so its customers can focus on dreaming up what comes next. Learn more at arteris.com .
About GigaDevice
GigaDevice Semiconductor Inc. (SSE Stock Code 603986) is a leading global fabless supplier. The company was founded in April 2005 with branch offices in many countries and regions worldwide, providing local support at customers' fingertips. Committed to building a complete ecosystem with major product lines – Flash memory, MCU, sensor, and power as the core driving force, GigaDevice can provide a wide range of solutions and services in the fields of industrial, automotive, computing, consumer electronics, IoT, mobile, networking, and communications. GigaDevice management system has achieved ISO 9001:2015 and ISO 14001:2015 certifications. Constantly looking to expand the technology offering to customers, GigaDevice has also formed multiple strategic alliances with leading foundries, assembly, and test plants to streamline supply chain management. For more details, please visit: www.gigadevice.com .
© 2004-2024 Arteris, Inc. All rights reserved worldwide. Arteris, Arteris IP, the Arteris IP logo, and the other Arteris marks found at https://www.arteris.com/trademarks are trademarks or registered trademarks of Arteris, Inc. or its subsidiaries. All other trademarks are the property of their respective owners.
Media Contact:
Gina Jacobs
Arteris
+1 408 560 3044
[email protected]
This press release was published by a CLEAR® Verified individual.
