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Cadence’s Nimish Modi to Present at Needham Conference

Retrieved on: 
Thursday, May 9, 2024

Nimish Modi, senior vice president and general manager, Strategy & New Ventures, Cadence Design Systems, Inc. (Nasdaq: CDNS).

Key Points: 
  • Nimish Modi, senior vice president and general manager, Strategy & New Ventures, Cadence Design Systems, Inc. (Nasdaq: CDNS).
  • Modi will participate in a virtual fireside chat at the 19th Annual Needham Technology, Media, & Consumer Conference on Thursday, May 16, 2024.
  • The talk will be available live by webcast at 9:45 a.m. PDT on Thursday, May 16, 2024.
  • The presentation will be archived on the Cadence website and will be available for replay for 90 days.

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 .

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.

Cadence and NVIDIA Unveil Groundbreaking Generative AI and Accelerated Compute-Driven Innovations

Retrieved on: 
Monday, March 18, 2024

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced an expansion of its multi-year collaboration with NVIDIA across EDA, system design and analysis, digital biology and AI with the unveiling of two transformative solutions to reinvent design using accelerated computing and generative AI.

Key Points: 
  • Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced an expansion of its multi-year collaboration with NVIDIA across EDA, system design and analysis, digital biology and AI with the unveiling of two transformative solutions to reinvent design using accelerated computing and generative AI.
  • Second, the companies are collaborating on generative AI to dramatically accelerate approaches to drug discovery.
  • Cadence’s cloud-native molecular design platform Orion® will now be supercharged with NVIDIA’s generative AI tool, NVIDIA BioNeMo™ , and NVIDIA microservices for drug discovery to broaden therapeutic design capabilities and shorten time to trusted results.
  • Together, NVIDIA and Cadence are leading the AI revolution.”
    “Digital twins will transform manufacturing, drug discovery and countless other industries,” said Jensen Huang, founder and CEO of NVIDIA.

Revolutionary Cadence Reality Digital Twin Platform to Transform Data Center Design for the AI Era

Retrieved on: 
Monday, March 18, 2024

The revolutionary Cadence® Reality™ Digital Twin Platform virtualizes the entire data center and uses AI, high-performance computing (HPC) and physics-based simulation to significantly improve data center energy efficiency by up to 30%.

Key Points: 
  • The revolutionary Cadence® Reality™ Digital Twin Platform virtualizes the entire data center and uses AI, high-performance computing (HPC) and physics-based simulation to significantly improve data center energy efficiency by up to 30%.
  • Key benefits of the Cadence Reality Digital Twin Platform include:
    Advanced Modeling Capabilities: Simulates a vast range of design scenarios and operational strategies to identify the most energy-efficient solutions unique to each data center.
  • It’s exciting to create a digital twin using the Cadence Reality Digital Twin Platform to plan the deployment of current workloads and future-proof the investment.
  • Leveraging the innovative data center design and operations platform from our strategic technology partner, Cadence, will provide visibility of how our data center critical infrastructure can best support these leading-edge deployments.

Cadence Collaborates with Arm to Jumpstart the Automotive Chiplet Ecosystem

Retrieved on: 
Wednesday, March 13, 2024

The automotive reference design, initially for advanced driver assistance system (ADAS) applications, specifies a scalable chiplet architecture and interface interoperability to foster industry-wide collaboration, enable heterogeneous integration and expand system innovation.

Key Points: 
  • The automotive reference design, initially for advanced driver assistance system (ADAS) applications, specifies a scalable chiplet architecture and interface interoperability to foster industry-wide collaboration, enable heterogeneous integration and expand system innovation.
  • The solution is architected and built using the latest generation of Arm® Automotive Enhanced technologies and Cadence® IP.
  • Coupled with the need to quickly customize 3D-IC systems for a plethora of automotive applications, chiplets are an increasingly attractive solution.
  • The new solution architecture and reference design provide a standard for chiplet interface interoperability, addressing a critical industry need.

Cadence to Acquire BETA CAE, Expanding into Structural Analysis

Retrieved on: 
Tuesday, March 5, 2024

The addition of BETA CAE’s proven technologies and talent will accelerate Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis portfolio and enabling entry into the structural analysis segment, unlocking a multi-billion-dollar incremental TAM opportunity.

Key Points: 
  • The addition of BETA CAE’s proven technologies and talent will accelerate Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis portfolio and enabling entry into the structural analysis segment, unlocking a multi-billion-dollar incremental TAM opportunity.
  • Over the past few years, Cadence has expanded its system analysis portfolio to build out a comprehensive multiphysics platform including electromagnetics (EM), electrothermal (ET) and computational fluid dynamics (CFD) solutions, and with BETA CAE, Cadence will enter structural analysis, the largest system analysis segment.
  • Additionally, BETA CAE’s EPILYSIS and FATIQ solvers enable customers to efficiently solve structural analysis and optimization problems.
  • BETA CAE has annual revenue of about $90 million, and Cadence expects BETA CAE to contribute approximately $40 million to 2024 revenue.