Synopsys Inc. announced March 21 that it has completed the acquisition of Silicon & Beyond Pvt. Ltd., a leading provider of high-speed serializer/deserializer technology employed in machine learning, cloud computing and networking.

In a statement, the buyer said the transaction illustrates its "continued focus on next-generation [serializer/deserializer, or SerDes,] solutions, addressing the need for greater amounts of reliable data transfer between chips, backplane, and extended range optical interconnects."

Terms of the deal, which Synopsys said was not material to its financials, were not disclosed.