8/22/2002 - IBM and Cadence Design Systems are working together to closely integrate Cadence’s Design Foundry capabilities with IBM's advanced manufacturing technologies.The two companies intend to help customers enhance new chip designs by providing a complimentary set of intellectual property (IP), design skills and advanced manufacturing services. IBM's relationship with Cadence is part of a strategy to make IBM's most advanced chip-making technology available through high-volume chip manufacturing services.
"Chip designers are looking to advanced technologies to provide their products with a competitive advantage," said Mike Concannon, vice president of contract manufacturing services for the IBM Microelectronics Division. "Customers are recognizing that our technology can do much more for their products than what traditional foundries are able to provide. Working with major design services providers like Cadence can help customers more easily tap into that technology for their chip designs."
Cadence Design Foundry will design chips utilizing its own cores, IBM's cores, various third party libraries and industry standard design tools, with the final design optimized for manufacture using IBM's leading chip-making processes.
"We are very pleased to be working with IBM to optimize our design attributes with IBM's latest technologies," said Jim Douglas, vice president of sales and marketing, Cadence. "We believe IBM's leading process and high-volume manufacturing capabilities, combined with the expertise of Cadence's Design Foundry, position both companies for continued success in the advanced semiconductor marketplace."
About Cadence (www.cadence.com)
Cadence is the largest supplier of electronic design technologies, methodology services, and design services. Cadence solutions are 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. IEEE, the world's largest technical professional society, honored Cadence with its 2002 Corporate Innovation Recognition award. With approximately 5,500 employees and 2001 revenues of approximately $1.4 billion, 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.
About IBM (www.ibm.com/chips)
IBM Microelectronics is a key contributor to IBM's role as the world's premier information technology supplier. IBM Microelectronics develops, manufactures and markets state-of-the-art semiconductor and interconnect technologies, products and services. IBM makes chips for a wide range of devices from the world's most powerful computers to the smallest cell phones. Its superior integrated solutions can be found in many of the world's best-known electronic brands.
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