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4-Traders Homepage  >  Equities  >  Nasdaq  >  Cadence Design Systems Inc    CDNS

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Cadence Design : and MathWorks Announce New Integration to Accelerate Data Mining and Analytics

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05/18/2017 | 05:38pm CEST

Release date- 16052017 - Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced it has expanded its partnership with MathWorks through a new integration between the Cadence Virtuoso Analog Design Environment (ADE) Product Suite and MATLAB, enabling customers to accelerate processing of large data sets when verifying custom, RF and mixed-signal designs.

With this integration, designers can take advantage of existing MATLAB scripts and seamlessly share data between the Virtuoso and MATLAB platforms, allowing for data mining and efficient analysis in either platform. This improved connection is intended to decrease time to market when compared to traditional methods. More information on the Virtuoso ADE Product Suite can be found at www.cadence.com/go/virtuosoadesuite.

By working together, and with customers, Cadence and MathWorks created a tight integration between the Virtuoso ADE and MATLAB tools to offer IC designers several new benefits. Using MATLAB's toolboxes and language, designers can easily create and solve complex data calculations that would have previously taken hours to solve using expert coding knowledge and low-level APIs. Now, this data analysis can be performed in either tool, or split between the two, allowing customers to pick the most efficient manner to get the calculations and answers.

'As system-on-chip designs continue to grow in complexity, it becomes more challenging to analyze the large amount of simulation data that is created during the design and verification process,' said Roy Lurie, vice president of engineering, MATLAB products. 'By integrating MATLAB with the Virtuoso ADE Product Suite, we have jointly enabled IC designers to analyze and visualize their simulation results in either solution. This can significantly decrease the amount of time engineers spend analyzing their results, decreasing time to market.'

Furthermore, the collaboration allows customers of the Virtuoso ADE Product Suite and the Cadence Spectre Circuit Simulator to utilize MATLAB scripts to analyze specialized radio frequency (RF)-based measurements. These scripts have been refined over the past decade, and can be used for post-simulation data mining and creating complex analysis plots, such as constellation plots, for detecting poor signal quality after demodulation in communications systems.

'For 15 years, Cadence's Virtuoso and MATLAB from MathWorks have been our tools of choice for automotive ASIC sensor development,' said Jamie Haas, director of Design Engineering, Advanced Sensor Technologies, at Allegro Microsystems. 'Now that the MATLAB and Virtuoso platforms are inherently compatible, we can easily move between environments and utilize the powerful capabilities of each solution. With ever-increasing product complexity and aggressive schedules, the integration enables thorough verification in the analog domain so that we can meet our time-sensitive deadlines.'

'In support of our System Design Enablement initiative, we created a unique design flow from system through chip implementation and verification using the industry's two leading design and analysis platforms: the Virtuoso ADE Product Suite and MATLAB software,' said Tom Beckley, senior vice president and general manager of the Custom IC & PCB Group at Cadence. 'Our customers who design automotive ICs, RF communication systems or the latest IoT devices can harness the power of the Cadence and MathWorks integration to simplify the exchange of data and boost analytics capabilities. Together with the previously announced PSpice and MATLAB integration, we have expanded our System Design Enablement offering and connected two key tools to the world's leading modeling tool.'

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 cadence.com.

About MathWorks

MathWorks is the leading developer of mathematical computing software. MATLAB, the language of technical computing, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. Simulink is a graphical environment for simulation and Model-Based Design for multidomain dynamic and embedded systems. Engineers and scientists worldwide rely on these product families to accelerate the pace of discovery, innovation, and development in automotive, aerospace, electronics, financial services, biotech-pharmaceutical, and other industries. MATLAB and Simulink are also fundamental teaching and research tools in the world's universities and learning institutions. Founded in 1984, MathWorks employs more than 3500 people in 15 countries, with headquarters in Natick, Massachusetts, USA. For additional information, visit mathworks.com.

For more information, please contact:

Cadence Newsroom

408-944-7039

[email protected]

(c) 2017 Electronic News Publishing -, source ENP Newswire

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Financials ($)
Sales 2017 1 932 M
EBIT 2017 480 M
Net income 2017 267 M
Finance 2017 34,1 M
Yield 2017 -
P/E ratio 2017 33,85
P/E ratio 2018 31,30
EV / Sales 2017 4,73x
EV / Sales 2018 4,37x
Capitalization 9 165 M
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Mean consensus HOLD
Number of Analysts 9
Average target price 33,3 $
Spread / Average Target 1,5%
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Lip-Bu Tan President, Chief Executive Officer & Director
John B. Shoven Chairman
Geoffrey G. Ribar Chief Financial Officer & Senior Vice President
Neil Kole Chief Information Officer & Senior Vice President
Roger S. Siboni Independent Director
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