IBM And Cadence Team To Accelerate Use Of Advanced Technologies In Chip Designs
EAST FISHKILL, NY--(INTERNET WIRE)--Aug 21, 2002 -- IBM and Cadence Design Systems, Inc. today announced they
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
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. More information about the company, its products and
services is available at www.cadence.com.
About IBM
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. More information about IBM Microelectronics can
be found at: www.ibm.com/chips.
