Coherent Logix Receives USD85M Investment
Summary
Coherent Logix, an Austin, TX-based company providing systems-on-Chips (SoCs) and advanced development tools for the embedded systems market, received a USD85M investment from Atlas Credit Partners. The company intends to use the funds to accelerate growth, expand operations and its business reach. Coherent Logix specializes in C-programmable processors for the embedded systems market. Its comprehensive portfolio of solutions includes processors, integrated system development tools, optimized libraries, system reference designs, and a customizable system development platform that reduces development complexity and time to market. The company supports market solutions across several sectors, including consumer electronics, 5G mobile infrastructure, video / broadcast infrastructure, machine vision, sensor processing and AI.