Cadence Design Systems

Seven Corporate Buyers Enter Into Aggregation Deal To Purchase 180 MW of Solar Energy Through the Net Zero Consortium for Buyers

Retrieved on: 
Wednesday, May 1, 2024

The seven buyers signed VPPAs to develop new renewable energy capacity in the ERCOT region of Texas through SR Inc's NZCB.

Key Points: 
  • The seven buyers signed VPPAs to develop new renewable energy capacity in the ERCOT region of Texas through SR Inc's NZCB.
  • The buyer-aggregated approach democratizes access to the commercial and environmental benefits of utility-scale renewable energy by making procurement accessible to a broader range of enterprises.
  • Finally, a large healthcare company will purchase renewable energy generated from the remaining 20 MW portion of Millers Branch.
  • SR Inc's Net Zero Consortium for Buyers (NZCB) is a confidential buyers' community committed to creating corporate buyer-favorable renewable energy transactions that enable participating enterprises to chart a profitable path to Net Zero emissions globally.

Leaders from Fortune 100 Best Companies to Work For To Share Insights at For All Summit May 7-9

Retrieved on: 
Tuesday, April 23, 2024

This annual event, now in its 19th season, brings together 1,500+ senior executives, thought leaders, industry analysts, and passionate workplace culture advocates from over 500 companies.

Key Points: 
  • This annual event, now in its 19th season, brings together 1,500+ senior executives, thought leaders, industry analysts, and passionate workplace culture advocates from over 500 companies.
  • Attendees will hear from CEOs and HR leaders at these award-winning companies about their experimental efforts to improve the workplace, including lessons learned and opportunities for future growth.
  • Angela Duckworth, bestselling author and speaker, will discuss her research into “grit” and how workplace leaders can help employees find resilience.
  • Attendees won’t want to miss these focus sessions with tactical expertise from operational leaders at the 100 Best Companies:
    How To Get Leaders To Adopt New Mindsets.

NV5 Expands Strategic Collaboration to Develop Optimal Data Center Design Conditions for NVIDIA AI Compute Systems

Retrieved on: 
Monday, April 15, 2024

HOLLYWOOD, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today a strategic collaboration with Cadence Design Systems to qualify, design, and demonstrate ideal data center design conditions for AI data center platforms, including NVIDIA AI Compute systems.

Key Points: 
  • HOLLYWOOD, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today a strategic collaboration with Cadence Design Systems to qualify, design, and demonstrate ideal data center design conditions for AI data center platforms, including NVIDIA AI Compute systems.
  • The intent of the collaboration is to develop the optimal data center environment for the fastest and most reliable data center hardware and software performance.
  • “NV5’s data center engineering and commissioning business continues to expand domestically and internationally, and we are pleased to contribute to this collaboration in the rapidly evolving AI data center industry,” said Dickerson Wright, Executive Chairman of NV5.
  • Through this collaboration, NV5 has contributed design strategies to support the high electricity and infrastructure demands of AI Compute for both airflow and cooling systems.

Cadence and TSMC Collaborate on Wide-Ranging Innovations to Transform System and Semiconductor Design

Retrieved on: 
Wednesday, April 24, 2024

Cadence’s digital solutions are certified for TSMC N2 design flow, including Innovus™ Implementation System, Quantus™ Extraction Solution, Quantus Field Solver, Tempus™ Timing Signoff and ECO Solution, Pegasus™ Verification System, Liberate™ characterization, and the Voltus™ IC Power Integrity Solution.

Key Points: 
  • Cadence’s digital solutions are certified for TSMC N2 design flow, including Innovus™ Implementation System, Quantus™ Extraction Solution, Quantus Field Solver, Tempus™ Timing Signoff and ECO Solution, Pegasus™ Verification System, Liberate™ characterization, and the Voltus™ IC Power Integrity Solution.
  • Cadence and TSMC are collaborating on AI-driven Cadence solutions to enable an AI-assisted design flow for productivity and optimization of PPA results.
  • All have been enhanced for managing corner simulations, statistical analyses, design centering, and circuit optimization, which are now common with advanced nodes.
  • Cadence unveils a new silicon photonics flow to support TSMC’s Compact Universal Photonic Engine (COUPE) technology: Cadence and TSMC collaborate to develop a design flow for the COUPE 3D photonics process that features the Cadence Integrity 3D-IC platform.

Cadence Reports First Quarter 2024 Financial Results

Retrieved on: 
Monday, April 22, 2024

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the first quarter of 2024.

Key Points: 
  • Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the first quarter of 2024.
  • “Q1 was a strong start to the year for Cadence as we delivered solid Q1 results,” said Anirudh Devgan, president and chief executive officer.
  • “I am pleased that we delivered record Q1 bookings and achieved record Q1 backlog of approximately $6.0 billion.”
    Commentary on the first quarter of 2024 financial results by John Wall, senior vice president and chief financial officer, is available at www.cadence.com/cadence/investor_relations .
  • An archive of the webcast will be available starting April 22, 2024 at 5 p.m. (Pacific) and ending June 14, 2024 at 5 p.m. (Pacific).

Cadence Unveils Palladium Z3 and Protium X3 Systems to Usher in a New Era of Accelerated Verification, Software Development and Digital Twins

Retrieved on: 
Wednesday, April 17, 2024

“The third generation Palladium and Protium dynamic duo systems are core components of the Cadence Verification Suite and seamlessly interface with the Verisium AI-driven Verification Platform.

Key Points: 
  • “The third generation Palladium and Protium dynamic duo systems are core components of the Cadence Verification Suite and seamlessly interface with the Verisium AI-driven Verification Platform.
  • The Palladium Z3 system accelerates hardware verification, and through functional and interface congruency, models can be quickly brought up onto the Protium X3 system for accelerated software validation.
  • “Cadence Palladium Z3 and Protium X3 systems add to our capabilities between emulation and enterprise prototyping to improve design productivity and meet time-to-market goals.
  • For more information on the new Palladium Z3 and Protium X3 systems, please visit www.cadence.com/go/dynamicduo3 .

Scott Monroe Appointed as Vice President of Sales at Encore Semi

Retrieved on: 
Friday, April 5, 2024

SAN DIEGO, April 5, 2024 /PRNewswire/ -- Encore Semi, a leading provider of tailored engineering solutions to accelerate projects, improve performance, and reduce risks in the development of next generation System-on-Chip (SoC), electronic subsystems, and intellectual property (IP), is pleased to announce the appointment of Scott Monroe as Vice President of Sales. In this role, Scott will spearhead the company's sales initiatives, leveraging his extensive experience and proven track record in driving strategic growth and fostering client relationships within the semiconductor industry and beyond.

Key Points: 
  • With over 25 years of experience in sales and sales leadership roles, he brings a wealth of expertise in strategic selling, enterprise client engagement, and sales management.
  • "We are thrilled to welcome Scott to our executive team," said Behrooz Abdi, Chief Executive Officer at Encore.
  • In Scott's new role, he will be responsible for developing and executing sales strategies, fostering client relationships, driving revenue growth, and expanding the sales team.
  • "I am honored to join the talented team at Encore and excited to lead the sales efforts during this pivotal time of growth and innovation," said Scott.

DVCon U.S. 2024 Announces Stuart Sutherland Best Paper & Best Poster Winners & Conference Highlights

Retrieved on: 
Tuesday, March 19, 2024

The 2024 Best Paper and Poster winners, as voted on by attendees, were announced during a reception in the exhibit hall on March 6.

Key Points: 
  • The 2024 Best Paper and Poster winners, as voted on by attendees, were announced during a reception in the exhibit hall on March 6.
  • Overall attendance for DVCon U.S. 2024 was approximately 975, including attendees from 25 exhibiting companies.
  • “It was really an exciting time to be back at DVCon U.S.,” stated Tom Fitzpatrick, DVCon U.S. 2024 General Chair.
  • For the second consecutive year, the Poster Ninja Warrior Session determined the Stuart Sutherland Best Poster Award winners.

Cadence Announces First Quarter 2024 Financial Results Webcast

Retrieved on: 
Friday, April 5, 2024

Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its first quarter 2024 financial results webcast on Monday, April 22, 2024.

Key Points: 
  • Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its first quarter 2024 financial results webcast on Monday, April 22, 2024.
  • Participating in the webcast will be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer.
  • The webcast will begin Monday, April 22, 2024 at 2:00 p.m. Pacific Time.
  • An archive of the webcast will be available online from 5:00 p.m. Pacific Time on April 22, 2024 until 5:00 p.m. Pacific Time on Friday, June 14, 2024 at cadence.com/cadence/investor_relations .

Cadence Named by Fortune and Great Place to Work as One of 2024’s 100 Best Companies to Work For, Ranking No. 9

Retrieved on: 
Thursday, April 4, 2024

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Fortune and Great Place To Work® named the company to the Fortune 100 Best Companies to Work For® List.

Key Points: 
  • Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Fortune and Great Place To Work® named the company to the Fortune 100 Best Companies to Work For® List.
  • View the full release here: https://www.businesswire.com/news/home/20240404403279/en/
    Dr. Anirudh Devgan, president and CEO of Cadence, said, “Today, Cadence reached an important milestone.
  • Great Place To Work evaluates confidential feedback from employees, matching against HR data from participating companies.
  • Cadence was also recognized as a World’s Best Workplace and regionally as a Best Workplace in Asia and a Best Workplace in Europe.