Posts Tagged ‘Cadence’
Thursday, October 13th, 2016
Congrats to the ESD Alliance for continuing to attend to myriad legal issues that surround the business of technology. On Tuesday, November 1st, the organization is hosting an evening panel on the Cadence campus entitled “Legal Steps to Maximize Your Exit Value.”
Vital topics slated for discussion include setting the proper price for intangible assets – in-house IP, strategic partnerships, and good will – and more prosaic issues such as the appropriate legal structures and pre-deal tax planning needed to help facilitate the acquisition. Most importantly, panel organizers are also promising you’ll learn “how to avoid giving it all back to your buyer later”.
Which is where our EDA M&A Hall of Fame comes in. There’s just no way this ESD Alliance panel can carry any weight with a battle-hardened EDA audience without the likes of Sanjay Srivastava, Rajeev Madhavan, Chris Rowen, and Kathryn Kranen sitting up at the front of the room.
Thursday, October 6th, 2016
In July 2008 and with much fanfare, Cadence declared its intention to purchase Mentor Graphics. The Cadence executive team was so confident the purchase would go through, then-CFO Bill Porter declared during an analysts’ call at the time: This acquisition is going to happen, Mentor needs us. Accept it and move on.
Well, people did move on. By September 2008, Cadence CEO Mike Fister, CFO Porter and the entire executive team had indeed moved on. CDNS Board member Lip-Bu Tan was named acting CEO and here, 8 years later, he continues to serve in that role.
* Results: Mentor stock in May 2008 was at about $11.50/share, by June 2008 it had moved to $16, by October 2008 it was down to less than $8, and by March 2009 was barely above $4. Ouch.
Thursday, September 22nd, 2016
Last year a blog was posted in this space talking about tools for PCB design: PCB Tools, Part 1: Zuken, Mentor, Cadence, Altium. Lengthy and detailed, that discussion included commentary on the state of the art, and the market, for PCB design tools.
Now it’s time to assemble Part 2 of the discussion, which will be posted here in early November. This second installment intends to include input from more than just the four companies in the first article.
Wednesday, September 7th, 2016
Nothing is forever in life, most things are fleeting. And such is certainly the case for the giddy, glory days of EDA at the end of the last millennium when the likes of Abbie Kendall and Jean Armstrong ran the show — the PR show, that is, for Cadence at the height of the Ray Bingham Era.
The DAC of 1999 has already been memorialized here, in and around an homage to the late, great Marie Pistilli – but the DAC of 2000, at least the Cadence version, was even grander.
The night Cadence took their Press & Analyst constituency out on the town in June of 2000 was almost beyond belief. Remember that something like 11,000 hearty souls were on board in Los Angeles for DAC that year, the conference ramping up for the week at Staples Center just as the previous week’s Exotic Erotica Show was winding down. How appropriate.
Big money was flowing everywhere within the EDA ecosystem and the Big Players needed to demonstrate in the showiest way possible that theirs was the one that was going to dominate the next decade, theirs was the enterprise that was going to win the war.
Thursday, August 18th, 2016
As of August 17th, when they posted financial results for Q3_2016, Synopsys is reporting somewhere in the neighborhood of $1 billion in cash and cash equivalents. As prudent as it may be to save for a rainy day, here’s something a bit more creative the company could do with a portion of that cash: Buy OneSpin.
Why? Because OneSpin offers something that Synopsys doesn’t have – a market-leading position in formal verification. OneSpin would bring that to Synopsys, along with a strong, well-established track record and proven customer engagements across European, North American and Asian markets.
Thursday, June 30th, 2016
Exuberance and Optimism: the only two words required to describe EDA-Careers’ Mark Gilbert – even after 20 years in the trenches sorting out the who what and where of just about everybody in the EDA industry. Yes, he self-identifies as the fun guy in the white suit, seen hither and yon wherever the EDA Nation chooses to confab, but in reality he’s the good guy in the white hat who’s going to tell it to you straight, about your career and your goals.
Also by his own description, Mark Gilbert is “the big fish in a little pond” who serves as the leading head hunter and career counselor extraordinaire of EDA.
I was lucky enough to speak with Gilbert by phone this week. As he and I were both on the East Coast, coordinating the hour of the call was easy. Our conversation started with the usual query: How did you get started in this business?
Thursday, June 23rd, 2016
Michiel Ligthart, President and COO of Verific Design Automation, and Rick Carlson, VP of Worldwide Sales, have a proposal for young companies in the EDA industry and adjacent technologies: Come to Verific if your organization is early stage, in need of encouragement and wise counsel, and could benefit from access to Verific software to help you progress towards a commercial product launch.
In a recent phone call, Ligthart and Carlson explained the specifics of the Verific program, and delineated what it’s not: “We are not funding startups,” Ligthart said, “but we have changed our business model over the lifetime of our company to encourage innovation.
Wednesday, June 15th, 2016
Presidents and CEOs share a common difficulty: the past. A past that’s sometimes of their own making. They come into office full of enthusiasm and an agenda for improvement and innovation, only to find that the past serves increasingly as an impediment for moving forward.
Of course, the difference between Presidents and CEOs is that the former get libraries built in their name to commemorate their contributions, whether or not they’re able to conquer a past legacy left to them by predecessors.
CEOs, on the other hand, don’t get libraries when their tenures end. They either get tons of criticism, or occasionally tons of praise – but no library. They do, however, often get millions of dollars in compensation and stock during their administrations, and usually a pretty golden handshake when they’re done. Something that goes a long way to easing the pain of criticisms they may endure during and after their years in power.
Thursday, May 12th, 2016
Aachen-based Silexica is making waves in the world of multi-core and embedded systems, as evidenced by their recent win in the German Silicon Valley Accelerator program. Company leadership was motivated to spend Q1_2016 in Silicon Valley, networking and meeting with thought leaders in the Bay Area’s tech community.
While he was in California, I had a chance to speak by phone Silexica CEO Max Odendahl. As many know, the problem of parsing code to take advantage of multi-core systems is a massively tough one to solve, one of the Grand Challenges in computing. My conversation with Odendahl was compelling, because it would appear his company has the solution.
Thursday, April 21st, 2016
Just as Auguste Rodin revived the art of sculpture at the end of the 19th century in Europe, and Wynton Marsalis rescued the art of jazz by the end of the 20th century in America, here in the 21st century University of Illinois CS professor Rob Rutenbar is resurrecting the art of teaching VLSI design around the world.
He’s doing that via his Coursera-based online class entitled VLSI CAD: Logic to Layout, a course with an enrollment that defies comprehension. Per Rutenbar’s own whimsy: “There are about 25,000 people working in the EDA industry today. About 55,000 of them have signed up for my class.”
I had a chance to speak by phone with Dr. Rutenbar earlier this week. He was sitting in his office in Urbana-Champaign, but looking out an academic landscape that encompasses the entire world.
[hint: a MOOC is a Massively Open Online Course.]