Cadence Design Systems to acquire Secure-IC.

Cadence Design Systems, an American multinational technology and computational software company, agreed to acquire Secure-IC, a France-based group specialized in cybersecurity solutions. Financial terms were not disclosed. “Over the past 15 years, Secure-IC has been dedicated to safeguarding the digital future with cutting-edge technologies, multi-certified and compliant to worldwide cybersecurity regulations, that protect assets from manufacturing phases to mission mode and enable data protection at rest, in transmission and in computation. By joining Cadence, we will secure the sustainability and operational strength necessary to continue our mission while creating a powerful synergy that accelerates innovation. Together, we are poised to scale globally, deliver enhanced value to our customers and pioneer the next generation of embedded cybersecurity solutions for complex silicon systems and chiplets following the closing of the transaction,” Hassan Triqui, Secure-IC Co-Founder and CEO.