Coherent Logix Receives USD85M Investment

USA – 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. The company invented the HyperX architecture, HyperX System-on-a-Chip (SoC) and the HyperX Platform and recently introduced the System-on-a-Chip for space applications – The HyperX Midnight MCM. 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. 08/03/2023