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Rocketick Technologies to be acquired by Cadence

June 13, 2016

 

We are glad to inform you, that following our former update regarding Rocketick, the company had announced that it has entered into a definitive agreement to be acquired by Cadence Design Systems, Inc. (NASDAQ: CDNS).
 

Rocketick Technologies Ltd., is a leading provider of multicore parallel simulation. Rocketick's technology can speed-up the process of simulation between 6 to 30 times.
The company started its way in Incentive, Peregrine Ventures' technological incubator during 2009.
Since then the fund maintained its involvement in the company and remained an active investor.

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