Coblentz Represents Accellera in the Acquisition of OCP-IP Assets
Paul Tauber advised Accellera Systems Initiative (Accellera) in its acquisition of certain assets of the Open Core Protocol International Partnership (OCP-IP). The asset acquisition includes the current OCP 3.0 standard and supporting infrastructure. Accellera, an independent non-profit organization focused on the creation and adoption of electronic design automation (EDA) and intellectual property (IP) standards, has been collaborating on IP-standards for many years and is continuing to consolidate standardization practices. Under one roof, the combined technologies are expected to provide a one-stop, front-end electronic design resource to address interoperability of IP design that will improve reuse, and ultimately increasing designer productivity and reducing development costs. Financial terms of the acquisition were not disclosed.