In 2002, the company acquired InChip, a semiconductor logic IP company. In 2007, the company acquired Ingot Systems, an ASIP company. A year later, it acquired Impinj's logic non-volatile memory IP. In 2009, the company acquired ARC International, a configurable processors and multimedia IP company, as well as NXP CMOS IP Group.

In 2010, Virage Logic was acquired by Synopsys for