Posts Tagged ‘Lip-bu Tan’
Thursday, March 23rd, 2017
Something historic and poignant is taking place on Thursday, April 6th, that should be of interest to absolutely everyone in the EDA and IP communities. The four most powerful men in these two industries will be on stage for an ESD Alliance panel discussion led by Semiconductor Engineering’s Ed Sperling.
The four panelists include Synopsys Chairman & CEO Aart de Geus, Cadence President & CEO Lip-Bu Tan, Mentor Graphics Chairman & CEO Wally Rhines, and ARM CEO Simon Segars.
The April 6th event will be historic because these Big Four unequivocally define EDA and IP – just as Stanford, Huntington, Hopkins, and Crocker defined Railroads in the West – and it’ll be poignant because you’ll never see them together again. Too many changes ahead.
Of course, the ESDA panel will also be whimsical: You’ll know no more about these CEOs and their companies at the end of the evening than you knew when you first arrived. That doesn’t mean the evening won’t be entertaining.
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, 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, April 7th, 2016
Several weeks ago, before the EDA Consortium was re-branded as the ESD Alliance, I had a chance to speak by phone with Bob Smith, Executive Director of the organization. I started by asking what concerned him the most about the re-launch. Bob was too optimistic to pick up on that negative note.
Instead he said, “It looks like we’re going to have a really good turnout for our event next week on March 30th, with well over 100 people expected. We are billing the evening as 90-percent social and only 10-percent business. I’ll speak for about 5 minutes and no longer, introducing the new name for EDAC.
“Mostly we want to have a get-together where people who haven’t seen each for a long time can enjoy catching up. We honestly hope that people will just have a good time. Also, it’s great that a number of the board members will be there.”
Thursday, March 31st, 2016
As much as the energetic re-branding of the EDA Consortium is to be admired, the name of the new organization is causing distress: If you want to find out more about the newly launched ESD Alliance, your online search will be fraught with angst. Why?
Wednesday, January 20th, 2016
Just short of 2 years ago, the EDA press corps sat in a room in the Hyatt Regency in Santa Clara and enjoyed a face-to-face with Cadence CEO Lip-Bu Tan. A full report of that conversation is available here, but it is the closing segment of the report that informs this blog:
Finally, the Cadence PR machine closed out the hour by making sure the Press Corps was privy to the human side of CEO Tan. It would appear his wife does not make the tech-product purchasing decisions at home as much as do the two boys. Tan said that his two CMU-educated engineer sons are smart and savvy, and had advised him early on to invest in both Netflix and Tesla. Tan humbly acknowledged that he had, unfortunately, ignored those two pieces of advice and hence had lost out on the opportunity to win big in both movies and EVs.
So, here’s the hypothetical: Given Lip-Bu Tan’s involvement with a $2 billion investment group – efforts interleaved with his responsibilities as Cadence CEO – wouldn’t it have been wise to harvest stock tips from his press meeting back in March 2014 in Santa Clara?
Thursday, November 12th, 2015
Joyful relief probably best describes this evening’s event at the Fourth Street Summit Center in San Jose where the glitterati of EDA gathered to honor Mentor CEO Wally Rhines with a long-overdue CEDA/EDAC-sponsored Kaufman Award. Joyful relief and a sense of delicious mischief.
One should have known something was up when the trio in the corner – during cocktails on the 7th floor overlooking scenic downtown San Jose – launched into a tango so compelling one was forced to look over to the source of the music. Surprisingly and not surprisingly, it included Bob Gardner on bass. Tango and all, the music sashayed its way through the lively mesh of conversation that defined the crowded room in that pre-dinner hour.
When enough yummy hors d’oeuvres had been consumed, and just the right amount of Jazz Cellars wine – the winemaker himself now serving as the Executive Director of EDAC – the gong sounded, doors opened at one end of the room, and huge clumps of happy revelers jostled into the adjoining hall to seek out their assigned tables and grab their chairs, all anticipating good food and great fun.
With at least 200 people in attendance, CEDA and EDAC did not disappoint. Of course, it’s hard to avoid a home run when the irrepressible Wally Rhines is at the center of the play, but this evening CEDA/EDAC delivered up something more akin to a grand slam.
Thursday, July 30th, 2015
It’s been 10 years since I first explained why TSMC should buy Cadence. Now a decade on, many things have changed in the world and many have not.
Among the things that have not changed? TSMC still should buy Cadence.
First of all, let’s look at the numbers (per Yahoo Financials re: 2014):
* Taiwan Semiconductor Manufacturing Co. Ltd.
Market Cap: $166.44 billion
Revenue: $27.31 billion
Operating margin: 39.26%
Net income: $9.70 billion
Total Cash: $16.61 billion on $7.40 billion in debt
* Cadence Design Systems Inc.
Market Cap: $6.14 billion
Revenue: $1.61 billion
Operating margin: 11.23%
Net income: $161.1 million
TSMC has got the means to buy Cadence.
By a long shot.
Thursday, May 14th, 2015
There’s a perfect storm currently underway at the EDA Consortium based in Silicon Valley. First of all, after twenty years of distinguished service to the organization, the last ten as Executive Director, Robert Gardner is retiring. His leadership and talents will be sorely missed, as an industry expert and organizational wizard, and as as accomplished musician providing endless hours of sophisticated entertainment at countless EDAC events. Uniquify’s Bob Smith, himself an accomplished, well-known player in the EDA industry, has been tapped to take over for Gardner. [See our conversation below …]
Second of all, for the first time the consortium has two individuals serving simultaneously as chairman: Cadence CEO Lip-Bu Tan and PDF Solutions President & CEO John Kibarian. Although previously active on the board, neither of these gentlemen has served as EDAC co-Chair; all signs suggest that their joint efforts, and fortuitous synergy of design and manufacturing, are promoting fresh sensibilities and renewed commitments to collegiality across the EDAC membership.
Third, and perhaps most importantly, IP is the new black in EDA. When the consortium was initiated in the last millennium, the membership really was all about electronic design automation. Today, many ‘generations’ later, the name of the game in semiconductor design is reuse and third-party IP. And it’s in that spirit that both Sonics President & CEO Grant Pierce and ARM CEO Simon Segars are currently serving on the consortium’s Board of Directors, along with EDA stalwarts Mentor’s Wally Rhines, Synopsys’ Aart de Geus, IC Manage’s Dean Drako, and Atrenta’s Ajoy Bose.
And so the world turns: The EDA Consortium is undergoing profound changes, and in so doing reflects the evolutionary cataclysm overtaking the entire semiconductor design and manufacturing supply chain.
Monday, April 21st, 2014
In the moments prior to Cadence’s quarterly earnings call this afternoon, the company released news of the acquisition of Jasper Design Automation for $170 million, less $24 million in cash, and a small tremor rippled out across the EDA Nation.
Paraphrasing Cadence CEO Lip-Bu Tan in the early minutes of his 5pm ET earnings call: We are very pleased to announce a definitive agreement to acquire Jasper Design Automation. This will help us to further meet our customers’ needs for more advanced verification solutions, particularly today as verification now represents 70% of the cost of SoC development. Together, Cadence and Jasper can move forward, offering the strong formal verification solutions leading customers need. In addition, Cadence is also very pleased to be bringing on board the strong team at Jasper, a team with excellent real-world experience.
All good stuff, yes? So why any tremors in our beloved little EDA Nation?