Cadence has acquired Chip Estimate Corporation. Founded in 2003, Chip Estimate products enable electronics design teams to predict the die size, yield, power consumption, performance, and cost of chips based on almost any design architecture, IP and silicon process node options. In addition the company has developed the industry recognized portal, ChipEstimate.com, which hosts a collaborative partnership of over 175 IP suppliers and foundries featuring over 6,000 IP components. Terms of the agreement were not disclosed.