NEC Awards Cadence Worldwide Contract for IC Design Tools
World's Largest ASIC Supplier Places Multi-Million-Dollar Software Order for EDA Industry Leader's Place-and-Route Solution
TOKYO, July 17 /PRNewswire -- Cadence Design Systems, Inc. (NYSE:CDN) today announced it has won a long-term contract valued at more than $18 million from Japan's NEC Corporation for design software used to create integrated circuits (ICs). The agreement will see NEC's design centers around the world standardize on Cadence's place-and-route solution for deep submicron (DSM) design.
A key component of the Cadence offering is the latest release of its market-leading place-and-route tool for deep submicron design, Silicon Ensemble-DSM. As NEC migrates more of its process technologies to DSM geometries to enable system-on-chip design, Silicon Ensemble-DSM will be a critical anchor of the approved design flow within NEC. Among Silicon Ensemble-DSM's notable features is a breakthrough routing technology that makes it up to 20 times faster than existing commercial solutions. Other Cadence products NEC is adopting include Gate Ensemble, PDP, QPlace, PBS and CT-Gen.
``Cadence's integrated approach to technology solutions for system-on-a-chip design makes us a valuable partner to NEC,'' said Bob Wiederhold, vice president and general manager of Cadence's Deep Submicron Business Unit. ``It is clear that as we move forward into the era of designing complete systems on a chip, a combination of leading-edge design tools plus a tightly integrated partnership model with our customers will be critical.''
About NEC
Founded in 1899 and headquartered in Tokyo, Japan, NEC Corporation is a global leader in computers, communications and electronic devices. NEC, with 4,397 billion Yen ($41.1 billion U.S.), revenue in 1996, develops, manufactures and markets over 15,000 products to meet diverse customer needs. Its worldwide operation includes 191 subsidiaries in 32 countries, 107 plants in 20 countries and marketing, service and research and development facilities in 31 countries with the work force of 153,000. Introducing the concept of ``C&C,'' the convergence of computers and communications technologies, in 1997, NEC strives to lead in the multimedia era.
NEC ranks second in the worldwide semiconductor market, and maintains diverse and balanced product manufacturing, including ASICs, microprocessors, microcontrollers, digital signal processors and memories. NEC is the first company to start volume production of advanced memories, using 0.25 micron processing technology. For more information on the company, visit the NEC
website at: nec.co.jp.
About Cadence
Cadence Design Systems, Inc. provides comprehensive services and technology for the product development requirements of the world's leading electronics companies. Cadence is the largest supplier of software tools and professional services used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, co umer electronics, and a variety of other electronic-based products. With more than 3,300 employees and 1996 annual sales of $742 million, Cadence has sales offices, design centers, and research facilities around the world. The company is headquartered in San Jose, Calif. and traded on the New York Stock Exchange under the symbol CDN. More information about the company, its products and services may be obtained from the World Wide Web at |