Munich, Germany – December 7, 2022 – Codasip, the leader in processor design automation and RISC-V processor IP, today announced the establishment of Codasip Labs as an innovation hub within the company. The new organization will support the development and commercialization of technical innovations in key applications including security, functional safety, and AI/ML. The mission of Codasip Labs is to identify and build technologies that extend the possibilities of custom compute and accelerate the time to market for uniquely better products with customized, domain-specific designs.