On Tuesday, Shares of Cadence Design Systems Inc (NASDAQ:CDNS), gained 0.89% to $22.78.
Cadence Design Systems, declared verification IP (VIP) for the ARM AMBA 5 Advanced High-Performance Bus 5 (AHB5) specification. The declarement covers two new VIP titles in Cadence’s portfolio counting simulation VIP and assertion-based VIP. The simulation VIP, available now, supports all of the major logic simulators and enables verification engineers to perform in-depth verification with SystemVerilog-UVM testbenches. The assertion-based VIP, available in early 2016, supports the Cadence JasperGold formal verification platform, which enables design engineers to rapidly verify that their daily design changes are bug free.
The newly declared ARMv8-M architecture is focused on security, scalability and efficiency, which comprises the ARM TrustZone technology. This technology takes a system approach to protect peripherals such as secure memory, crypto blocks, keyboards and screens from software attacks. The TrustZone technology is targeted specifically for small real time embedded microcontroller and system-on-chip (SoC) designs, counting security functionality for IoT applications. Designers can take full advantage of the Trust Zone technology by implementing the AHB5 interface, which is the latest version of the specification.
The new AHB5 protocol extends this security foundation to the SoC system. The protocol provides an efficient mechanism to manage and control access to secure SoC resources, offering a way to assist ensure that secure resources can only be accessed by trusted software. The Cadence VIP solution enables existing AHB customers to upgrade to the newest version of the specification and verify that their designs work with the new features and functionalities.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide.
Shares of AerCap Holdings N.V. (NYSE:AER), declined -2.23% to $40.30, during its last trading session.
AerCap Holdings N.V. Reports Financial Results for Third Quarter 2015
Highlights
- 306 aircraft transactions, counting 86 wide body aircraft, executed in the nine month period ended September 30, 2015.
- 7% fleet utilization rate for the third quarter of 2015 and 5.9 years average remaining contracted lease term as of September 30, 2015.
- Commitments to purchase 458 aircraft, as of September 30, 2015, with planned delivery dates through 2022. About 80% of aircraft purchases delivering through December 2018 are leased under a lease contract or letter of intent on an average 12-year lease term.
- Accomplished the sale of a $0.6 billion ten-aircraft portfolio which comprised eight widebody aircraft.
- $6.4 billion of available liquidity as of September 30, 2015.
- In October 2015, we accomplished the offering of $1.0 billion senior unsecured notes due 2020 which was upsized from initial launch size of $0.4 billion.
AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines. The company provides aircraft asset administration and corporate services, counting remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
Finally, Shares of TAL International Group, Inc. (NYSE:TAL), ended its last trade with 8.65% gain, and closed at $18.85.
Triton Container International Limited and TAL International Group, jointly declared that they have reached a definitive agreement under which the companies will combine in an all-stock merger of equals transaction. The transaction, which has been unanimously approved by the Boards of Directors of both companies, will create the world’s largest lessor of intermodal freight containers with a combined container fleet of nearly five million twenty-foot equivalent units (TEU) and revenue earning assets of $8.7 billion.
Under the terms of the transaction agreement, Triton and TAL International will combine under a newly-formed holding company, Triton International Limited (“Triton International”), which will be domiciled in Bermuda and is predictable to be listed on the New York Stock Exchange. Triton shareholders will own 55% of the equity of the combined company and TAL International shareholders will own 45%. TAL International shareholders will receive one common share of Triton International for each share of TAL International stock owned. TAL International shareholders will also receive a special dividend of $0.54 per share upon closing of the transaction.
TAL International Group, Inc., together with its auxiliaries, leases intermodal transportation equipment and provides maritime container administration services worldwide. The company operates in two segments, Equipment Leasing and Equipment Trading.