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Posts Tagged ‘Tensilica’

Cadence: The Best of Times

Thursday, November 30th, 2017

 


Of all the stories associated with Cadence Design Systems
, the saga of Lip-Bu Tan might be considered the most unlikely. After all, this is the company that launched one of the most flamboyant CEOs in the history of EDA, followed by one of the most outspoken, then one of the least prepared given his non-tech provenance, and finally one of the most distinctly over-paid in the history of the industry and Silicon Valley.

And all of that even before the corporate cataclysm of 2008. Few at the company in the fall of that year may have noticed the economy teetering on a cliff, because they were too busy tracking unbelievable developments within their own firewall.

On October 15, 2008, a thorough house-cleaning gutted the executive suite: The CEO, all EVPs, and a smattering of others were out, leaving the company leaderless and without an apparent rudder. Instantly the company stock tanked and more than a dozen shareholder lawsuits erupted from that special place from whence such things spring as spontaneously as lawyers after an ambulance.

Into this chaos stepped Lip-Bu Tan. Admittedly, he was no stranger to Cadence having been on the board for several years at that point, but was neither chairman like Stanford’s John Shoven, nor an EDA household name like Berkeley’s Alberto Sangiovanni-Vincentelli.

Also surprising: On paper Tan looked more quintessential VC than quintessential CEO, given his track record founding and managing Walden International’s $2 billion investment portfolio. Nonetheless, it was Lip-Bu Tan’s name that suddenly appeared in the press releases announcing the new Interim CEO.

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Calling Srivastava, Madhavan, Rowen, Kranen: ESDA needs you on November 1st

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.

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DAC 2013: Top 10 on Day 3 in Austin

Wednesday, June 5th, 2013

 

The last day of the Exhibit Hall portion of DAC always arrives with a certain sensibility. Over the course of the 3 days, the place has become something between Our Town and a small college campus, and now with graduation it’s not clear when everyone will be together again. Yet the next phase of life beckons with all of its possibilities and trepidations, and people have to move on.

Happily this afternoon, as the 50th instantiation of DAC drew to a close in Austin, many residents of Our Town EDA could look forward to continuing the camaraderie at a first-ever DAC Banquet this evening at the nearby Four Seasons Hotel. Many of us were en route home by that time by plane, train or automobile and could not be there, but I hear tell it was a great evening. So my Top 10 on Day 3 in Austin starts with this late night report regarding the banquet thanks to ARM’s Tiffany Sparks, who was in attendance at the event.

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49DAC Unplugged: Bob, Chris, Ry, Steve, Jennifer, Wally, Jill, Lee

Monday, June 4th, 2012

 

DAC started with a boom on Sunday night, June 3rd. EDAC reports that 900 people registered for the opening reception, and by the crush of people in Salon 7 in the basement of the San Francisco Marriott Hotel, it looked like everybody showed up. [Although perhaps not quite 900…]

Setting up my word processor on a cocktail table at the back of the crowd, I manged to see numerous thought leaders in EDA as they swam by, in and out of the stream of people that swirled throughout the wine, buzz & music-laden ballroom as EDAC’s Executive Director Bob Gardner’s Jazz Trio entertained up on stage.

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DownStream: Solutions for Post Processing PCB Designs
TrueCircuits: IoTPLL
DAC2018



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