Semiconductor IP leader's growth driven by artificial intelligence and autonomous driving systems-on-chip (SoC)
CAMPBELL, Calif. — January 17, 2018 — Arteris IP, the innovative supplier of silicon-proven commercial system-on-chip (SoC) interconnect IP, today announced that it added eight new licensees for Arteris Ncore and FlexNoC Interconnect semiconductor intellectual property (IP) products in 2017. Arteris IP customers added during 2017 include Chinese artificial intelligence and machine learning pioneers Cambricon and Intellifusion, IoT security and Trusted Platform Module (TPM) vendor Nationz Technologies, and five as-of-yet undisclosed customers. This trend matches previous years where Arteris added nine new licensees annually in 2014, 2015 and 2016. These new customers, and the addition of new license contracts with existing licensees, enabled Arteris IP to achieve cash flow positive operation in 2017 while investing heavily in new product development.
Arteris IP bookings reached the highest level in company history in 2017.
K. Charles Janac, President and CEO, Arteris IP