Cadence and ATI Team to Form Broad Reaching Partnership
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 20, 2003--
ATI Standardizes on Cadence Encounter Platform to Address
Challenges of Next-generation Nanometer Graphics Chip Design
Cadence Design Systems, Inc. (NYSE:CDN) today announced a broad
reaching partnership with ATI Technologies, Inc. (TSX:ATY)
(Nasdaq:ATYT), a world leader in the design and manufacture of
innovative 3D graphics and digital media silicon solutions. Under the
agreement, ATI will standardize on Cadence(R) SoC Encounter(TM) and a
wide spectrum of other Cadence tools.
Cadence's ability to provide leadership and end-to-end design
solutions makes it a natural partner for customers consolidating on
fewer electronic design suppliers. ATI plans to incorporate Cadence
technologies into its design environment to enhance the ATI design
flow. Cadence will provide ATI with access to Cadence's internal
research and development team as well as onsite migration support to
assist ATI in the adoption of new Cadence technology.
"We have tremendous respect for ATI and look forward to helping
them solve their toughest design challenges at 90 nanometers and
below," said Penny Herscher, executive vice president and chief
marketing officer at Cadence. "Complex graphics and digital media chip
designs demand the best technology solutions, and it's rewarding that
ATI chose Cadence as its partner, for our technology leadership across
the board and, in particular, the industry-leading Encounter platform.
The goal of this expanded agreement is a Cadence-centric flow that
meets the majority of ATI's design needs today, and that we
collaborate to meet their needs in the future."
"This partnership with Cadence is essential to help us meet the
technology challenges at 90 nanometers and below," said Greg Buchner,
vice president of engineering at ATI Technologies. "As we design the
world's most complex graphics chips and forge the future of the 3D
graphics industry, it is imperative that we work with the best
technology available. For this reason, we selected Cadence as our
premier design partner for our electronic design technology flow."
The agreement is initially for three years and includes a broad
range of Cadence technology.
About ATI Technologies
ATI Technologies Inc. is a world leader in the design and
manufacture of innovative 3D graphics and digital media silicon
solutions. An industry pioneer since 1985, ATI is the world's foremost
visual processor unit (VPU) provider and is dedicated to deliver
leading-edge performance solutions for the full range of PC and Mac
desktop and notebook platforms, workstation, set-top and digital
television, game console and handheld markets. With 2001 revenues in
excess of US $1 billion, ATI has more than 1,900 employees in the
Americas, Europe and Asia. ATI common shares trade on NASDAQ (ATYT)
and the Toronto Stock Exchange (ATY).
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. With
approximately 5,200 employees and 2002 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 are
available at www.cadence.com.
CONTACT: Cadence Design Systems, Inc.
Judy Erkanat, 408/894-2302
jerkanat@cadence.com
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