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Cadence Selected as Primary EDA Tool Vendor by GLOBALFOUNDRIES

Feb. 15, 2019 – 

SAN JOSE, Calif. -- Feb 14, 2019 -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that GLOBALFOUNDRIES (GF), has chosen Cadence as the primary EDA tool vendor for use in Avera Semi, a GF subsidiary, for advanced node chip design projects. The Avera Semi engineering team has come to rely on the features, capacity, speed and scalability of the Cadence® digital and signoff, system and verification, custom IC and PCB design and analysis tools and flows. Establishing Cadence as their primary vendor has enabled them to improve engineering productivity.

Avera Semi has successfully completed several large, complex 12nm and 14nm tapeouts and delivered production designs using Cadence flagship solutions such as the Innovus™ Implementation System, the Genus™ Synthesis Solution, the Tempus Timing™ Signoff Solution and Xcelium™ Parallel Logic Simulation as well as the Virtuoso® custom IC design platform, Spectre® circuit simulation platform and Allegro® and Sigrity™ tools, which are part of following product categories:

“Today’s announcement is another solid step in our collaborative journey to achieve a higher level of productivity through Cadence’s design flow,” said Kevin O’Buckley, GM at Avera Semi. “We have already deployed the Cadence flows to complete a number of successful production designs for our customers using the GF 12nm and 14nm FinFET process technologies and will extend our collaboration with Cadence on advanced nodes. Standardizing on Cadence’s custom, digital and IC package flows and verification solutions will help us master new challenges encountered at advanced nodes and expand our leadership in designs for data centers, wired communications, and machine learning and artificial intelligence applications.”

“Avera Semi uses Cadence as its primary supplier due to many years of successful collaborations on large, complex designs that met evolving market demands,” said Dr. Chin-Chi Teng, senior vice president and general manager of the Digital & Signoff Group at Cadence. “We are always working to optimize design flow speed, throughput and provide differentiated tool features to deliver best-in-class PPA to customers. As we expand upon our longstanding relationship with Avera Semi, their customers can also benefit from our continued innovation and dedication to advancing ASIC design.”

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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