Amy & Intel Investors - Re: "I also think Intel's IA-64 dive into the Server market will help minimize INTC from the next downward semi cycle (but not the second instance). "
Intel today received - thru HP and Cadence - a huge endorsement for IA64 systems in the Workstation segment.
Today, Cadence issued a press Release stating that they will support HPUX as their platform of choice and will also provide all their EDA (Electronic Design Automation) software on HPUX IA64 platforms.
"Cadence will support the HP-UX operating environment on Intel's 64-bit IA-64 architecture, the next-generation microprocessor architecture jointly developed by HP and Intel."
I didn't see any mention of support for AMD's future SludgePumper CPU.
Paul
{===================================}
biz.yahoo.com
Monday July 10, 6:27 am Eastern Time
Company Press Release
Cadence and HP to Power Development of Next-Generation Electronic Design Solutions
Market Leaders Combine Expertise to Accelerate Time-to-Market Advantages For Electronic Designers
SAN JOSE & PALO ALTO, Calif.--(BUSINESS WIRE)--July 10, 2000-- Cadence Design Systems, Inc. (NYSE:CDN - news) and Hewlett-Packard Company (NYSE:HWP - news) today announced a far-reaching business alliance whereby the companies will jointly develop, market, and sell new solutions for the electronic design automation (EDA) market. The combined research and development (R&D) power of these two market leaders will provide EDA customers worldwide with enhanced quality solutions and performance-powered time-to-market for electronic designs. Under the terms of the agreement:
-- Cadence® will adopt HP-UX(1) as a preferred product development
and support platform and operating system.
-- HP® has selected Cadence as a preferred provider of EDA design
tools for HP's R&D groups, including a very strong commitment to
Cadence SP&R (synthesis/place-and-route) technology.
-- Cadence will support the HP-UX operating environment on Intel's
64-bit IA-64 architecture, the next-generation microprocessor
architecture jointly developed by HP and Intel.
``Momentum in the EDA market is accelerating as chips make their way into all kinds of appliances and devices,'' said HP president and chief executive officer Carly Fiorina. ``Cadence and HP will work together to optimize solutions that meet the increasing engineering demands for greater performance and next-generation architectures. This symbiotic relationship will significantly accelerate delivery to customers of higher quality products with innovative functionality.''
Cadence president and chief executive officer Ray Bingham said, ``Cadence leads the world in EDA technology and solutions because satisfying customers guides our strategy. Customer satisfaction is what drives us also to go beyond products and create new business models and partnerships. HP, under Carly's fresh leadership, embraces innovation that will lead to customer benefits. Our strategic relationship with HP leverages the customer focus that the two companies share. This relationship should result in many benefits for the electronics industry over the long term.''
Customers to Benefit From Performance-Optimized Solutions
To enhance its global verification and quality assurance environment, Cadence will dramatically increase its deployment of HP workstations and servers. Furthermore, Cadence will substantially increase its engineering support for HP by releasing its applications for alpha, beta, and first-customer shipments on HP-UX and HP Precision Architecture (PA) -- RISC platforms simultaneously with first-availability on other UNIX® platforms.
According to Jake Buurma, senior vice president of research and development at Cadence, ``Using HP's new J6000 compute farm, we can compile and test our software ten times faster, which will significantly improve the quality and performance of our EDA tools and design services. That's impressive price/performance value.''
HP will proliferate Cadence's SP&R design tools as well as other Cadence design tools inside its R&D organizations worldwide.
``With Cadence as a key provider, we will more broadly proliferate Cadence's world class technology in support of the HP family of computing, printing, and digital imaging products,'' stated Duane Zitzner, president of HP's Computing Systems.
According to Rick Steffens, lab manager for EDA tools within HP's microprocessor development group, ``Cadence's physical design solutions of IC Craftsman and Silicon Ensemble(TM) already play a critical role in HP's microprocessor design methodology. Optimized for HP hardware, Cadence world class products can only produce more powerful solutions for our joint EDA customers.''
Pete Brey, engineering manager for HP's technical computing division, added, ``We look forward to physically knowledgeable synthesis technology with Cadence's powerful SP&R solutions optimized for HP hardware. These tools will help us maintain our performance and time-to-market lead in the workstation marketplace.''
Recently, customers at the 2000 Design Automation Conference were able to see the superior performance of Cadence applications, which were demonstrated on HP's platforms.
Already Innovating for the EDA Market
Today's news follows the recent joint equity partnership between Cadence, Flextronics International Ltd. (Nasdaq:FLEX - news), and HP in SpinCircuit Inc., a new business-to-business company that provides eSupply Chain Services to OEMs and their supply chain partners (http://www.spincircuit.com/about/news.asp). Cadence's schematic capture technology and HP's e-speak open software platform (http://www.hp.com/e-speak) are key components within SpinCircuit's design gateway to the electronics supply chain.
About HP
Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to individuals and businesses through simple appliances, useful e-services and an internet infrastructure that's always on.
HP has 86,000 employees worldwide and had total revenue from continuing operations of $42.4 billion in its 1999 fiscal year. Information about HP and its products can be found on the World Wide Web at hp.com.
About Cadence
Cadence is the largest supplier of electronic design automation products, methodology services, and design services used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics, and a variety of other electronics-based products.
With approximately 5,000 employees and 1999 annual revenue of $1.1 billion, Cadence has sales offices, design centers, and research facilities located around the world. The company is headquartered in San Jose, and traded on the New York Stock Exchange under the symbol CDN. For more information, visit cadence.com.
Forward-looking Statement
Except for historical information, the matters discussed in this release contain forward-looking statements based on current expectations or beliefs and are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a detailed discussion of these and other cautionary statements, please refer to Cadence's filings and HP's filings with the Securities and Exchange Commission.
Notes to Editors:
Footnote (1): HP-UX Release 10.20 and later, and HP-UX Release 11.00 and later (in both 32- and 64-bit configurations) on all HP 9000 computers are Open Group UNIX 95 branded products.
Cadence and the Cadence logo are registered trademarks, and Silicon Ensemble is a trademark of Cadence Design Systems, Inc. UNIX is a registered trademark of the Open Group. HP and Hewlett-Packard are registered trademarks of Hewlett-Packard Company. All other trademarks are the property of their respective owners.
--------------------------------------------------------------------------------
Contact:
Cadence Design Systems, Inc., San Jose
Kevin Kimball, 408/943-1234
kkimball@cadence.com
or
Armstrong Kendall, Inc. -- for Cadence
Abbie Kendall, 503/672-4681
abbie@akipr.com
or
Hewlett-Packard Company
Jim Campbell, 970/898-0214
jim_campbell@hp.com
or
Porter Novelli Convergence Group -- for HP
Samantha Stern, 617/450-4300 |
