Cadence Collaborates with Amazon Web Services to Deliver Electronic Systems and Semiconductor Design for the Cloud

SAN FRANCISCO—DESIGN AUTOMATION CONFERENCE, 25 Jun 2018 -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced it is collaborating with Amazon Web Services (AWS) to deliver electronic systems and semiconductor design with the Cadence^® Cloud portfolio. For the last two years, customers have been able to leverage the Cadence Cloud-Hosted Design Solution, a Cadence-managed and EDA-optimized design environment built on AWS, to address company-specific infrastructure requirements. The service also allows customers who manage their own IT and business relationships with AWS to use the Cadence Cloud Passport model to gain access to cloud-ready software for use on AWS. By operating on AWS, Cadence is enabling systems and semiconductor engineers to improve productivity and ultimately deliver end-products to market faster.

The announcement was made at the 55^th annual Design Automation Conference (DAC) being held in San Francisco at Moscone Center West, June 25-28, 2018. Cadence is located in booth 1308 in the main exhibit hall and booth 1245 in the Design Infrastructure Alley. For more information on the Cadence collaboration with AWS, please visit www.cadence.com/go/cloudvendora.

“Cadence has been leveraging AWS since 2014 and we have seen customers achieve the scalability they need to focus on their core competencies—delivering innovative products to market in a timely manner,” said Terry Wise, global vice president of Channels and Alliances, Amazon Web Services, Inc. “By initially launching the Cadence Cloud portfolio on AWS, Cadence demonstrated early leadership in the industry. We’re excited to continue working with Cadence to help systems and semiconductor companies realize the benefits of the cloud and greatly accelerate their digital transformation.”

“As an Amazon company, we’ve been one of the earliest semiconductor companies to use Cadence cloud-ready solutions via AWS, which has enabled us to develop higher quality application-specific integrated circuits (ASICs) and contribute to a more differentiated set of AWS offerings,” said Nafea Bshara, vice president, distinguished engineer, and co-founder Annapurna Labs. “Our Cadence and AWS deployment is allowing us to deliver our platform-on-chip and subsystems for networking, storage and security applications faster so that we maintain not only our own competitive advantage but also that of AWS.”

“The close collaboration between Cadence and AWS has provided us with the flexibility we need for internal development tasks, while simultaneously enabling us to deliver our broad Cadence Cloud portfolio offerings to customers,” said Neil Kole, senior vice president and chief information officer at Cadence. “AWS has domain expertise in the systems and semiconductor industry that can enable customers to access compute resources more easily through the cloud and achieve better overall throughput in the design development process.”

In related news, Cadence today introduced the Cadence Cloud portfolio, the first broad cloud portfolio for the development of electronic systems and semiconductors. See the news release at www.cadence.com/go/cloudnews, and for more detailed information on the full portfolio, please visit www.cadence.com/go/cadenceclouda.

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.