Cadence Design System Inc Stock Price, News & Analysis

Cadence Design Systems (CDNS) is participating in Qorvo's Heterogeneous Integrated Packaging (SHIP-RF) Design Center, a DoD-backed initiative designed to enhance microelectronics capabilities in the U.S. Cadence will provide essential tools and methodologies to support the design of advanced RF and mixed-signal systems for aerospace and defense applications. This partnership aims to reduce development time and costs while increasing design productivity. Cadence is recognized as a Trusted Supplier by the DoD, marking its significance in the defense sector.

Cadence Design Systems has joined the Intel Foundry Services (IFS) Ecosystem Alliance to enhance SoC design capabilities. This partnership enables Cadence to access advanced IC packaging technologies and design roadmaps, optimizing their EDA tools for Intel's processes. The collaboration aims to help customers accelerate time to market while minimizing risks and costs, supporting Cadence's Intelligent System Design strategy. The initiative addresses the increasing demand for efficient, high-performance chips necessary for evolving technology applications.

Cadence Design Systems (CDNS) has appointed Mary Louise (ML) Krakauer to its board of directors, effective January 31, 2022. Krakauer brings extensive experience from her roles at major technology firms such as Dell and EMC. Executive Chairman Lip-Bu Tan emphasized her strategic insights, which are expected to accelerate the company's growth under its Intelligent System Design strategy. Cadence continues to be recognized as a leading electronic systems design firm, aiming to enhance shareholder value.

Cadence Design Systems (NASDAQ: CDNS) has launched a new DRAM verification solution aimed at enhancing the testing of complex system-on-chip (SoC) designs. This solution achieves up to 10X increased verification throughput, facilitating efficient IP-to-SoC-level verification for advanced designs with DDR interfaces. It complies with JEDEC standards while supporting various memory technologies, including LPDDR5x and DDR5. Cadence aims to bolster innovation in memory technologies, collaborating with industry leaders like Micron to accelerate ecosystem development.

Cadence Design Systems (NASDAQ: CDNS) announced that Microchip has deployed its Palladium Z2 Enterprise Emulation Platform, achieving 2X better emulation capacity and 1.5X faster run-time performance for ASIC product development. This upgrade enhances Microchip's efficiency in creating high-performance SoC solutions for data centers, reducing FPGA prototyping time and ensuring smoother software integration. With seamless interoperability between Palladium and Protium systems, Microchip can effectively manage verification workloads, meeting tight time-to-market demands.

Cadence Design Systems (Nasdaq: CDNS) announced a collaboration with Light to integrate the Cadence Tensilica Vision Q7 DSP into Light's Clarity Depth Perception Platform. This partnership focuses on enhancing depth perception for advanced driver-assistance systems (ADAS) using two or more cameras for improved accuracy. The DSP enables up to 10X faster processing compared to traditional quad-core CPUs, with ISO 26262 compliance for automotive safety. This integration is expected to significantly bolster real-time processing capabilities, aligning with Cadence's Intelligent System Design strategy.

Cadence Design Systems (CDNS) is set to release its fourth quarter and fiscal year 2021 financial results on February 22, 2022, at 2:00 PM Pacific Time. The event will be led by CEO Dr. Anirudh Devgan and CFO John Wall. An archive of the webcast will be accessible from 5:00 PM Pacific Time on the release date until 5:00 PM Pacific Time on March 18, 2022. Cadence is recognized for its expertise in electronic design and has been listed among the 100 Best Companies to Work For by Fortune Magazine for seven consecutive years.

Cadence Design Systems announced the deployment of its Clarity 3D Solver by Butterfly Network, which enhances the design of its handheld ultrasound system. The 3D Solver improves model characterization speed five-fold while maintaining accuracy compared to alternatives. This innovation optimizes designs and ensures signal integrity, delivering high-quality ultrasound images rapidly. The partnership underscores Cadence's role in advancing healthcare technology.

Cadence Design Systems (CDNS) announced that Global Unichip Corporation (GUC) utilized its Innovus Implementation System to significantly enhance ASIC design efficiency. GUC achieved a 10% reduction in wirelength and 5% improvement in switching power, while reducing floorplan design time from weeks to days. This advancement supports GUC in meeting the rising demands for mobile, automotive, AI, and hyperscale computing applications, particularly as ASIC designs grow in complexity. Cadence remains committed to delivering advanced digital design solutions.