IP lifecycle management is a process that follows intellectual property (IP) from the acquisition/development phase, through qualification, distribution, and integration into design.
Managing the complete IP lifecycle is critical in semiconductor development. Without IP lifecycle management, you’ll lack traceability and slow down development times. That’s why it’s important to effectively manage each stage of the IP lifecycle:
IP is created in the acquisition phase. The IP can be bought from a third party IP vendor. It could be reused from an existing IP inside the corporation. Or it could be designed from new as part of a project.
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