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NXP to transfer CMOS IP, staff to Virage Logic

hwi-h  News » External news » EETimes.com » NXP to transfer CMOS IP, staff to Virage Logic

External news

NXP to transfer CMOS IP, staff to Virage Logic

EETimes.com

Site: EETimes.com

Publication date: 10/12/2009 4:05 AM

Dutch chip company NXP BV (Eindhoven, The Netherlands) has agreed to transfer part of its advanced CMOS intellectual property (IP) rights and certain engineering "talent" and equipment to Virage Logic Corp. (Fremont, Calif.). In a complex deal NXP is set to receive 2.5 million Virage Logic shares but must pay Virage $60 million for design services it expects to receive from Virage. Sponsored Topics: Intellectual property - Netherlands - Virage Logic - Eindhoven - Services

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