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ARM acquires display controller cores from Cadence

  • ARM (ARMH +1.2%) is acquiring Cadence's (CDNS -1.3%) PANTA display controller core IP for an undisclosed sum. The acquired products include high-res display processor and display scaling coprocessor cores, both of which target high-end mobile devices and were developed in partnership with ARM.
  • The products complement ARM's Mali GPU core line (seeing rapid unit growth), and give the CPU core giant one more product line to offer mobile chipmakers. The deal comes at a time when demand for high-res smartphone and tablet displays is taking off.
  • Previous: ARM buys embedded device software vendor
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