News / EDA & Tools / China’s EDA champion buys start-up to address weak link, support Huawei’s Tau Scaling Law
China’s EDA champion buys start-up to address weak link, support Huawei’s Tau Scaling Law
By The Semiconductor Hub news desk ·
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Empyrean Technology, China’s top provider of electronic design automation (EDA) tools, plans to acquire a majority stake in a domestic start-up, reinforcing Beijing’s drive for tech self-sufficiency and bolstering support for Huawei Technologies’ semiconductor ambitions. The Beijing-based firm said in a Shenzhen Stock Exchange filing on Sunday that it would acquire a 50.38 per cent stake in Easy-Logic Technology for 218.8 million yuan (US$33 million). Once completed, the start-up would be...
Read at South China Morning Post - TechSource: South China Morning Post - Tech, published . The summary is the Hub's own; the full story is at the source. Report a rights or accuracy concern
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