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Industry

Codasip begins sale of low-end RISC-V design business, GlobalFoundries seen as top bidder

Chip design company Codasip is starting procedures to sell its low-end RISC-V processor core business used in embedded, automotive and industrial hardware, as it reshapes its business structure. A buyer has not been disclosed, but GlobalFoundries is cited by industry as a leading candidate. The deal also includes broad licensing for Codasip’s Studio development software. Codasip plans to strengthen a security-focused strategy centered on CHERI technology, and expects the transaction to close within about a month.

Industry

GlobalFoundries to acquire Synopsys processor IP business

GlobalFoundries said it has signed a definitive agreement to acquire Synopsys\' ARC processor IP solutions business, including related engineering and design personnel. The company said the deal will strengthen its MIPS subsidiary and build a processor IP lineup focused on physical AI applications. The acquired portfolio includes ARC-V, ARC-Classic, ARC VPX-DSP and ARC NPX NPU, as well as ASIP tools. The transaction is expected to close in the second half of 2026, subject to regulatory approvals.