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Find the bridge.
Rapid Bridge, an innovator in advanced semiconductor design and development processes, announced today that it has made an asset purchase of QuantumThink Group, Inc., a San Diego-based, privately-held IC design services company with offices in San Jose and Bangalore, India. The acquisition will enable Rapid Bridge to offer its clients full front-to-back IC design services.
Rapid Bridge Acquires QThink IC Design
QThink offers full IC design services and has extensive experience in complex IC design methodologies, EDA tools, IP integration and deep sub-micron fabrication technologies. QThink has an impeccable reputation having completed hundreds of design projects at advanced nanometer nodes working with TSMC, UMC, Chartered and IBM foundries.
The end of the Qualcomm deal
Meanwhile, NXP's Clemmer said on Tuesday that he had expected Qualcomm's acquisition of his company to close.
In July, Qualcomm's proposed $44 billion takeover of the Dutch chipmaker became a casualty of the US trade war with China. The deal had been on hold for nearly two years as China mulled the regulatory implications of the combined company. The belief over the summer was that if the US lifted its ban on Chinese telecommunications provider ZTE, China would approve Qualcomm's NXP acquisition. While ZTE got a reprieve, China ultimately didn't approve the acquisition.
"We felt like once ZTE was approved, it would have been an approval in exchange for the Qualcomm transaction to buy NXP," Clemmer said. "What we didn't envision was the power of some local Chinese companies whispering in the ears of Chinese regulators. What they didn't want to see was Qualcomm become even more powerful."
Qualcomm is the world's biggest provider of chips for mobile devices. With its acquisition of NXP, it also would've become a huge player in the market for automotive processors and other similar technology.
Taiwan condemns China's 'dictatorship' on 70th anniversary of communist rule
President Xi Jinping, addressing a massive military parade in Beijing to mark seven decades of Communist Party rule, said China would promote the peaceful development of relations with Taiwan and “continue to strive for the motherland’s complete reunification”.
Former national security adviser Susan Rice acknowledged last night that the Obama administration moved transcripts of conversations with foreign leaders onto the same top-secret server where the Trump administration stored his recent phone call with Ukrainian President Volodymyr Zelensky.