NetSpeed was founded in 2011 and had grown to between 51 and 200 staff according to its LinkedIn page. The terms of the acquisition were not disclosed. However, Intel said that while it expects to honor existing customer contracts NetSpeed will not continue to make its technology available outside the company.
NetSpeed’s NoC tool automates SoC front-end design and generates programmable, synthesizable high-performance and efficient interconnect fabrics. Intel said it would use the technology to design, develop and test SoCs.
The NetSpeed team is joining Intel’s silicon engineering group (SEG) led by Jim Keller. NetSpeed co-founder and CEO, Sundari Mitra, will continue to lead the NetSpeed team as an Intel vice president reporting to Keller.
In a statement Keller said that NetSpeed's network-on-chip intellectual property allows the synthesis of a broader set of IP blocks at closer to optimal performance while saving design time and cost.
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