IP-XACT is a vendor-neutral intellectual property (IP) exchange, configuration and system-on-chip (SoC) assembly standard for portable generator development. The standard is associated with generating a netlist or testing SystemC. It is not widely connected to SoC verification, but this is starting to change because of the proliferation of complex verification IPs (VIPs). IP-XACT simplifies and standardizes building SoC designs around complex IPs. In principle, it could also help develop elaborate SoC testbenches for VIPs.

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