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Cadence Recognized with Four 2018 TSMC Partner of the Year Awards

Cadence recognized for joint development of 5nm design infrastructure, cloud-based TSMC OIP Virtual Design Environment, WoW design solution and DSP IP

SAN JOSE, Calif., 09 Oct 2018 -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that it has received four TSMC Partner of the Year awards at this year’s TSMC Open Innovation Platform® (OIP) Ecosystem Forum. Cadence was presented with awards for the joint development of the 5nm design infrastructure, the cloud-based TSMC OIP Virtual Design Environment (VDE), the Wafer-on-Wafer (WoW) design solution, and its Tensilica® DSP IP.

These awards were given to Cadence based on the following work that has been delivered:

“Through our ongoing collaboration with TSMC, we’ve jointly worked to stay in front of industry trends so that we can enable our mutual customers to consistently deliver successful designs through use of the latest technologies,” said Dr. Chin-Chi Teng, senior vice president and general manager of the Digital & Signoff Group at Cadence. “These awards from TSMC exemplify our ability to drive the industry forward with our innovations with 5nm, cloud, WoW, and DSP IP.”

“Our ongoing, in-depth collaboration with Cadence provides our customers with confidence that they can use the latest technologies and tools to deliver new innovations in competitive market windows,” said Suk Lee, senior director of the Design Infrastructure Marketing Division at TSMC. “We look forward to continuing to partner together on creative new solutions that our mutual customers can use to establish leadership in their respective markets.”

About Cadence

Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence® software, hardware and semiconductor IP are used by customers to deliver products to market faster. The company’s System Design Enablement strategy helps customers develop differentiated products—from chips to boards to systems—in mobile, consumer, cloud datacenter, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine's 100 Best Companies to Work For. Learn more at www.cadence.com.

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