History
IP cores in the electronic design industry have had a profound impact on the design of systems on a chip. By licensing a design multiple times, an IP core licensor spreads the cost of development among multiple chip makers. IP cores for standard processors, interfaces, and internal functions have enabled chip makers to put more of their resources into developing the differentiating features of their chips. As a result, chip makers have developed innovations more quickly.
The licensing and use of IP cores in chip design came into common practice in the 1990s. There were many licensors and also many foundries competing on the market. Today, the most widely licensed IP cores are from Synopsys, MIPS Technologies, and ARM Holdings.
Read more about this topic: Semiconductor Intellectual Property Core
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