Posts Tagged ‘ESD Alliance’
Thursday, September 14th, 2017
Prakash Narain is a long-standing member of the EDA community, having helped found Real Intent in 1999. In August 2016, I interviewed Dr. Narain at length about the technology at the core of the company. This week we spoke again, starting with an update of the company’s announcements around DAC in June, which involve further advancements in clock-domain crossing analysis and sign-off.
Real Intent must be doing something right, because Narain seems as enthused about the prospects for his company as someone who has just launched a tech start-up. It takes stamina and courage to sustain that optimism, and market success. Narain says his organization has both.
Thursday, September 7th, 2017
John Kibarian has been involved with PDF Solutions since co-founding the company in 1991 in Pittsburgh, through its relocation to California in 1996, through the IPO in 2001, and on into today. He’s been CEO since 2000. PDF Co-founder Kimon Michaels has also been with the company since the beginning, and currently serves as VP of Products and Solutions.
As well, CMU Professor Andrzej Strojwas [2016 Phil Kaufman Award recipient] has been PDF’s Chief Technical Advisor from the beginning — not surprising considering he served as Kibarian’s PhD thesis adviser at CMU — and Lucio Lanza has been on the board of directors for 20 years, serving as Chairman since 2004.
PDF is a company that defines stability, steady growth, and an intellectually rigorous and serious-minded approach to solving problems. It’s not a company of self-promoters or grand-standers. It’s a company of highly accomplished technologists, deeply involved in one of the toughest jobs in semiconductors: Finding out why chip yields are good, bad or ugly, and figuring out how that data might be used to improve design and manufacturing.
The last time I interviewed John Kibarian, it was 2015 and PDF Solutions had just acquired Syntricity a company with yield-improvement technology and services for the IC process life cycle.
This time when Kibarian and I spoke, PDF had just acquired several assets of Kinesys Software, including its ALPS (Assembly Line Production Supervisor) software, “designed to enable complete manufacturing traceability, including individual devices and substrates, through the entire assembly and packaging processes” – capabilities which PDF plans to integrate with their Exensio big data analytics platform.
Thursday, August 31st, 2017
Amit Gupta is the quintessential entrepreneur in EDA. Even as he was graduating with degrees in EE and CS from University of Saskatchewan, he was co-founding Analog Design Automation, targeted at those who need tools to automate analog chip design. That was in 1999. The company was sold to Synopsys in 2004, and then Gupta co-founded Solido Design Automation in 2005.
This week, I had a chance to speak at length with Amit Gupta. The last time we conversed, it was at the January 2017 Kaufman Award dinner for Dr. Andres Strojwas in San Jose. That evening, Gupta was enthused about Solido’s access to high-quality engineering talent in Canada, and argued that the cost of living and quality of life in Saskatoon, where Solido is headquartered, more than compensate for any sense that Silicon Valley is the epicenter of the industry. His enthusiasm has only grown since that time.
Thursday, March 30th, 2017
Today is the day some EDA purists thought would never happen: The disassembling of an industry status quo that’s been in place for over 20 years
As of today, Mentor Graphics has been sold and is fully owned by Siemens. Now Mentor’s arc of history will be decided by folks not residing in the green forests and hills of northern Oregon, and the Big Three cartel is no more. A cartel which has slowly consolidated the playing field over time until nary a startup can be seen.
The power vested in the Big Three EDA companies has grown steadily and inexorably over these years, as has their market dominance. Examination of recent numbers provided by the ESD Alliance Market Statistics Service indicates that today, in excess of 85-percent of the revenue earned in the EDA industry can be attributed to the combination of Synopsys, Cadence, and Mentor Graphics.
These three companies, their leadership, sales prowess, and increasing control of the conversation and technical direction in the industry has made for a powerful cartel. But again, that cartel is no more and the crystal ball predicting future dynamics within the EDA industry has gone dark.
Thursday, March 2nd, 2017
DVCon generates a lot of respect, and for good reason. Engineers have attended this conference for over 25 years to further refine their skills in the area of design and verification. Yet, there’s a problem in paradise.
In an industry like EDA that’s super dominated by just three players, there’s little if any room in the industry – or at a conference like DVCon – to showcase the ideas and innovations of the Small Guys. The Big Guys teach tutorials and present papers; the Small Guys get to hang posters in the hallways.
All of that was supposed to change tonight thanks to the sponsorship of the ESD Alliance and OneSpin Solutions, as well as Vista Ventures’ Jim Hogan.
Tonight, six of the Small Guys in verification appeared on a panel moderated by Hogan hoping to get their 60-minute shot at fame. A post-Happy-Hour hour in which to lay out their case for customers to come and sample the kind of innovation that everyone knows is the watchword of technology startups, particularly in EDA.
Thursday, January 26th, 2017
If you were to attend only one Kaufman Award dinner throughout your career, tonight’s might have been the right choice: a lovely meal in downtown Silicon Valley, and presentations full of warmth, respect, humor and clear-eyed admissions, all in honor of CMU’s Dr. Andrzej Strojwas, long-time CTO at PDF Solutions.
Having interviewed Prof. Strojwas some months ago when he was first named the 2016 Kaufman Award winner, and knowing the event was in the capable hands of the ESD Alliance, this evening’s ambiance was not a complete surprise. But the display of emotion and palpable affection with which Dr. Strojwas is held by colleagues and family was almost mesmerizing.
In fact, as PDF CEO John Kibarian hit his stride at the podium, detailing the lifetime of achievements and leadership at the core of Dr. Strojwas’ award commendation, there could be no looking away.
Thursday, January 5th, 2017
IEEE’s CEDA and the ESD Alliance – with help from their friends at PDF Solutions, Cadence, Mentor, Synopsys and ACM SIGDA – will host a dinner on Thursday, January 26th, in honor of the 2016 Phil Kaufman Award recipient: Dr. Andrzej Strojwas, Keithley Professor of ECE at Carnegie Mellon and long-time CTO at PDF Solutions.
Unfortunately, the last several Kaufman Award dinners were such over-the-top events – the 2014 event in honor of Dr. Lucio Lanza awash in glamour and luminaries, and the 2015 event in honor of Dr. Walden Rhines replete with zany zeitgeist and a roast from Intel-legend Craig Barrett unparalleled in the annals of EDA history.
The organizers of this year’s event may, therefore, find it impossible to craft something anywhere close to the previous two dinners, if the metrics of energy and frenetic glad-handing are the only ones of importance.
Of course, these are not the only two metrics of importance and nothing is ever impossible in EDA or IP, so do not despair.
Monday, November 14th, 2016
If you were watching Seattle beat New England last night, and not the news, you missed it: The rumor that Munich-based Siemens would buy Wilsonville-based Mentor Graphics.
This morning, of course, it’s no longer a rumor. The players themselves have announced that the deed is done.
Per the Press Release, “Siemens and Mentor Graphics today announced that they have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of $4.5 billion.”
Wow, talk about just in the nick of time.
Wednesday, November 2nd, 2016
The best part about the ESD Alliance event last evening at the Cadence Headquarters in San Jose was that the topic material – how to prepare your enterprise to be acquired – is applicable to all manner of tech startups. And as the conversation was taped, the discussion will be available straightaway on the alliance website.
Of course, if you’re prepping for an acquisition you’ll need far more pointed advice than just this recorded conversation – you’ll need to hire experts to address your specific situation. Nonetheless, yesterday’s panel provided a great starting point.
Carefully moderated by Attorney Mark White [White Summers, Caffee & James LLP], who had clearly done his homework, each panelist added essential information to what was effectively a tutorial on pre-acquisition best practices.
Speakers included IP/Patent Attorney Dennis Fernandez [WhiteSummers], Tax Attorney Tom Maier [Fudderman Dupree], Investment Banker Neil Shroff [Orion Capital], Moodwire CEO Manu Chatterjee [founded Lampdesk, sold to Palm in 2007], and Silvaco GM for IP Warren Savage [founded IPextreme, sold to Silvaco earlier this year].
The conversation between these five gentlemen – two attorneys, a banker, and two CEOs who have survived acquisitions – was not at all glamorous. Instead, it was honest, calm, factual and amazingly short on hubris of any kind.
Turns out being acquired is a very humbling experience, that acknowledgment being one of the most important take-aways from the evening. Don’t go at the process with pretentiousness, because pride goeth before the fall, was the message.
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.