Codasip, a Munich-based developer of RISC-V chips, has announced it is open to sale, targeting completion within three months. The firm generates approximately $88.7 million in annual revenue and is one of the larger entities in the RISC-V ecosystem. Codasip's product offerings include portfolios for RISC-V designs, CHERI security architecture, and an EDA toolset. The company emphasizes its financial backing from EU grants and funding, which totals over €119 million, with additional phases expected to reach €329 million.
Codasip is initiating a sale process, stating it is open to consideration for acquiring the entire company or parts. The estimated annual revenue stands at $88.7 million.
The firm has a structured approach with business units in four key product areas and 'separable' R&D teams, which may appeal to potential acquirers.
Codasip's product portfolio includes RISC-V designs for application and embedded processors, CHERI security architecture implementations, and the Studio EDA toolset for processor development.
Funding from EU bodies exceeds €119 million, with projected follow-on phases totaling €329 million, indicating significant financial support as part of its business valuation.
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