[2] It develops the Network-on-Chip (NoC) on-chip interconnect IP and System-on-Chip (SoC) integration automation software used to create semiconductor designs for a variety of devices, particularly in automotive electronics, artificial intelligence/machine learning and consumer markets.

[5][6] As a result of its acquisition of Magillem Design Services and Semifore, the company also offers a suite of IEEE-1685 IP-XACT and SystemRDL standards-based SoC Integration automation software products.

[4][13][14] The products used “packetization and a distributed network of small interconnect elements to address congestion, timing, power and performance issues.”[4][15] Arteris marketed FlexNoC as an improvement on traditional SoCs interconnect fabrics, citing its reduction in gate count by 30 percent, reduction of wires by 50 percent, and a more compact chip floor as compared to a functionally equivalent hybrid bus or crossbar.

[16][17][18][19] By 2012, the company had over 40 semiconductor customers, including Qualcomm, Samsung, Texas Instruments, Toshiba, and LG Electronics, with 200 million SoCs being produced with Arteris IP.

[24] In 2020, Arteris acquired Magillem Design Services, adding a suite of IP-XACT-based products for automating the creation of systems-on-chip and their associated software and firmware, verification and simulation platforms, and specifications and customer documentation.

[49] Their network-on-chip (NoC) interconnect IP and SoC integration automation software enable higher product performance with lower power consumption.