3/17/2005 - Cadence Design Systems, Inc. (NYSE:CDN)(Nasdaq:CDN) announced that Wipro Technologies has renewed an agreement under which Cadence will provide Wipro access to Cadence's electronic design automation (EDA) technologies. Cadence also announced that Wipro taped out its largest design to date using Cadence(R) SoC Encounter(TM).
This latest agreement marks the third renewal of the Cadence-Wipro business relationship over the past eight years, with Cadence providing technologies spanning digital and analogue IC design, verification, silicon-package-board, and design for manufacturing.
The ongoing relationship between the companies enhances Wipro's complex nanometer design capabilities. It provides Wipro with a strategic advantage in the highly competitive semiconductor design industry, while supporting its design infrastructure across the 180-to-65-nanometer process nodes.
"Over the last 10 years, our relationship with Cadence has evolved from a vendor-customer relationship into an interdependent strategic alliance. This latest agreement with Cadence further strengthens our alliance and offers us the best EDA technology and support solution for nanometer designs," said A. Vasudevan, Vice President - VLSI/System Design, Wipro Technologies. "Recently we have successfully completed a 7-million-logic-gate, 130-nanometer, 433 MHz design using SoC Encounter -- one of the large designs we have completed to date. We look forward to working with the Cadence team in India on many more successful project completions."
"Cadence understands the unique nature and requirements of IC-design-services firms, especially in India. Superior local support, industry-proven, leading-edge technical solutions combined with a conducive business environment is key to our customer success in the Indian IC design market," said Mr. Himanshu Singh, executive director, Cadence Design Systems (I) Pvt. Ltd.
"Cadence is fully committed to this strategic relationship with Wipro, as Wipro successfully and profitably tapes out nanometer designs for its end customers. This alliance further highlights the Cadence commitment to a rapidly evolving Indian IC-design market."
Wipro has access to the Cadence flagship products such as Cadence(R) Encounter(TM) RTL Compiler, First Encounter(R), SoC Encounter(TM) GPS, NanoRoute(TM), CeltIC(TM), Incisive(TM) Verification, Encounter Conformal(R), Virtuoso(R) simulation and layout technologies, Fire & Ice(R), VoltageStorm(R), Allegro(R) and SPECCTRAQuest(R).
About Wipro Technologies
Wipro Technologies, a division of Wipro Limited (NYSE:WIT), is a global provider of product-design services for semiconductor, automotive electronics, consumer electronics, telecom, networking and industrial automation markets. As one of the largest Independent third party design services providers in the world, Wipro's 850-plus member strong VLSI & System Design Group provides complete product engineering solutions in the VLSI domain, meeting critical time-to-market demands of customers with design reliability, scalability and upgradeability. These include high-end ASIC development, complex FPGA and board designs, turnkey system designs and core technology IP blocks.
Cadence is the world's largest supplier of electronic design technologies and engineering services. Cadence products and services are used to accelerate and manage the design of semiconductors, computer systems, networking equipment, telecommunications equipment, consumer electronics, and other electronics based products. With approximately 4,900 employees and 2004 revenues of approximately $1.2 billion, Cadence has sales offices, design centres, and research facilities around the world. The company is headquartered in San Jose, Calif., and trades on both the New York Stock Exchange and Nasdaq under the symbol CDN. More information is available at www.cadence.com.
Cadence, the Cadence logo, First Encounter(R), Conformal(R), Virtuoso(R), Fire & Ice(R), VoltageStorm(R), Allegro(R), and SPECCTRAQuest(R) are registered trademarks and Encounter(TM), SoC Encounter(TM), NanoRoute(TM), CeltIC(TM), and Incisive(TM) are trademarks of Cadence Design Systems, Inc.
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