Cadence Design Systems Selects Asera
BELMONT, Calif.--(BUSINESS WIRE)--Oct. 29, 2001--Asera, provider
of the leading Asera eBusiness Operating System(TM), today announced a
multi-million dollar agreement with Cadence Design Systems, Inc.
(NYSE:CDN - news), the largest supplier of electronic design software and
services, to license the Asera platform.
"Cadence's decision to run on the Asera eBusiness Operating System
reflects the importance today's enterprises are placing on real-time
access to information," said David Murphy, president and chief
executive officer of Asera. "Companies can no longer afford to keep
their customers waiting while data in multiple ERP systems move from
one translator to another. Asera's Web-based technology delivers the
most accurate picture of the total business environment."
The Asera eBusiness Operating System, which includes the Asera
Platform and the Asera Development Workbench, makes possible for the
first time the rapid and efficient development of custom business
processes created dynamically from new applications and from the
packaged legacy software applications resident in Global 2000
enterprises. The Asera Development Workbench enables developers,
enterprises and other licensees to develop new applications that can
be integrated with existing software in new ways that are defined by
the business process of the organization.
About Cadence
Cadence is the largest supplier of electronic design automation
products, 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. With approximately 5,700 employees and 2000 revenues of
approximately $1.3 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. More information about the company, its products, and
services is available at www.cadence.com.
About Asera, Inc.
Asera provides Global 2000 and emerging-growth companies with an
open eBusiness Operating System that includes a patent-pending
software platform and applications development environment. The Asera
eBusiness Operating System allows companies to customize best-in-class
software applications and implement their business processes rapidly
and remain insulated from the cost and complexity of technology
change. Asera's eBusiness Operating System is a critical enabling
technology for the emerging real-time enterprise. Based in Silicon
Valley, Asera also has offices in the UK, Germany and India. Asera can
be found on the Web at http://www.asera.com.
Note to Editors: Asera and Asera eBusiness Operating System are
trademarks of Asera, Inc. All other products and names may be
trademarks of their respective companies.
Contact:
Asera, Inc.
Jim Welch, 650/769-1168
Mobile: 415/516-6555
Strategic Communication
jwelch@asera.com
Kimberly Daniel, 650/769-1501
Mobile: 415/515-4639
Strategic Communication
kdaniel@asera.com
