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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Cadence Design Systems, Inc.    CDNS

CADENCE DESIGN SYSTEMS, INC.

(CDNS)
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Cadence Design : GLOBALFOUNDRIES Collaborates with Cadence on Availability of Mixed-Signal OpenAccess PDK for 22FDX Platform to Enable Advanced Mixed-Signal and mmWave Design

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09/24/2020 | 12:01pm EDT

Highlights:

  • GF and Cadence co-develop a Mixed-Signal OpenAccess PDK that enables seamless implementation and verification of mixed-signal designs
  • Powerful combination of Cadence integrated mixed-signal flow with the GF 22FDX platform eases the creation of next-generation 5G mmWave, edge AI, IoT and automotive designs

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced a collaboration with GLOBALFOUNDRIES® (GF®) that resulted in the availability of a Mixed-Signal OpenAccess process design kit (PDK) that supports GF’s 22FDX® platform. To advance the adoption of the 22FDX platform and help customers speed time to market, the PDK ensures that the qualified Cadence® digital, custom and RF design tools seamlessly interoperate with the GF 22FDX platform, simplifying next-generation 5G mmWave, edge artificial intelligence (AI), IoT and automotive application design. The announcement was made at GF’s annual Global Technology Conference (GTC).

The Mixed-Signal OpenAccess PDK for the GF 22FDX platform enables a highly interoperable flow featuring the Cadence digital full flow and the Cadence custom and RF platforms. The digital full flow includes the Innovus Implementation System, Genus Synthesis Solution, Liberate Characterization Suite, Tempus Timing Signoff Solution, Voltus IC Power Integrity Solution, QuantusExtraction Solution, Physical Verification System, and Litho Physical Analyzer. The Cadence custom and RF platforms include the Spectre® Simulation Platform including Spectre X and Spectre RF Simulators, Virtuoso® Design Platform, EMX® Planar 3D Simulator, Virtuoso Integrated Physical Verification System and Voltus-Fi Custom Power Integrity Solution. The Mixed-Signal OpenAccess PDK enables the use of the flows, which offer:

  • Advanced mixed-signal floorplanning capabilities: Enables designers to explore different floorplan alternatives while exchanging floorplan information through the OpenAccess database and to choose the one with the best path to design closure
  • Ability to implement digital blocks within the Virtuoso environment: Lets designers run automated digital block implementation with the Innovus Implementation System from within the Virtuoso platform with seamless constraints passing through the OpenAccess database
  • Integrated timing signoff analysis: Offers advanced timing signoff analysis for the mixed-signal SoCs, breaking the limitation of the traditional black-box model, which is a critical element for design convergence
  • Mixed-signal EM-IR drop analysis: Offers integrated signoff analysis of the power/ground nets in mixed-signal designs for EM-IR effects, enabling the analysis of very large designs containing data implemented in custom and place-and-route environments
  • Late-stage ECO flexibility: ECOs can be performed on a digital block that is already integrated into the full chip and stored in the OpenAccess database rather than having to repeat costly block implementation and integration
  • Simpler chip-finishing: Gives designers the option to perform chip-finishing tasks such as DRC-fixing and inserting and editing manufacturing shapes using either the analog or the digital tools because the entire, integrated mixed-signal design is available in the OpenAccess database

“Our latest collaboration with Cadence ensures customers can use the qualified Cadence flow to create high-quality designs on our differentiated 22FDX platform for applications in high-growth markets including 5G mmWave, edge AI, IoT, automotive, satellite communications, and security,” said Richard Trihy, vice president of design enablement at GF. “Through the availability of the Mixed-Signal OpenAccess PDK, customers have access to an unparalleled level of integration and analysis capabilities that improve designer productivity and result in a more efficient development experience.”

“Cadence and GF worked together to develop a seamless design methodology, thereby giving users a way to implement robust, reliable designs quickly,” said KT Moore, vice president, product management in the Custom IC & PCB Group at Cadence. “With the new Mixed-Signal OpenAccess PDK, customers can leverage Cadence digital, custom and RF tools and GF’s 22FDX platform to achieve faster design convergence and improved power, performance, and area metrics that enable them to stay in front of the competition.”

The Cadence digital full flow, custom and RF platforms support the Cadence Intelligent System Design strategy, enabling customers to achieve SoC design excellence. To learn more about Cadence advanced-node solutions, visit www.cadence.com/go/andesigns.

About Cadence

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications including consumer, hyperscale computing, 5G communications, automotive, aerospace, industrial and healthcare. For six years in a row, Fortune Magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

© 2020 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

© Business Wire 2020

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Financials (USD)
Sales 2020 2 655 M - -
Net income 2020 563 M - -
Net cash 2020 663 M - -
P/E ratio 2020 54,5x
Yield 2020 -
Capitalization 30 507 M 30 507 M -
EV / Sales 2020 11,2x
EV / Sales 2021 10,3x
Nbr of Employees 8 100
Free-Float 83,9%
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Cadence Design Systems, Inc. Technical Analysis Chart | CDNS | US1273871087 | MarketScreener
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 119,93 $
Last Close Price 109,37 $
Spread / Highest target 23,4%
Spread / Average Target 9,65%
Spread / Lowest Target -36,0%
EPS Revisions
Managers
NameTitle
Lip Bu Tan Chief Executive Officer & Director
Anirudh Devgan President
John B. Shoven Chairman
John M. Wall Chief Financial Officer & Senior Vice President
Neil Kole Chief Information Officer & Senior Vice President
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