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

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Cadence Design : Alango Voice Communication and Voice Enhancement Packages Now Available for Cadence Tensilica HiFi DSP

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02/23/2017 | 04:46pm CET

SAN JOSE, Calif., Feb. 23, 2017 /PRNewswire/ -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced its collaboration with Alango Technologies Ltd., a leading provider of voice and audio enhancement technologies. The companies collaborated to provide the latest Alango Voice Communication Packages (VCP) and Voice Enhancement Packages (VEP) for the Cadence(®) Tensilica(®) HiFi DSP for Audio, Voice and Speech.

Alango's VCP is a universal software package of digital signal processing technologies for voice applications enabling high-quality, full-duplex and noise-free communication for mobile phones, hands-free car kits, Bluetooth headsets and speakers, voice activated devices, industrial intercoms and other types of voice terminals. VEP is a set of software technologies comprised of a multi-microphone beamforming array and echo canceller, which supports far-field speech recognition enhancement in smart home products, mobile phones and automotive voice-controlled applications. It is configurable from one to 16 microphones depending on the use case and available computational resources. VCP8 and VEP have been ported and optimized to efficiently run on the HiFi DSPs and are characterized by low latency (TX/RX), small code size and small CPU load.

"The HiFi DSP from Cadence is an ideal platform for our voice processing technologies," said Dr. Alexander Goldin, CEO of Alango Technologies. "The efficiency of the HiFi architecture, capability and ease of use of the HiFi software tools enabled Alango to quickly support our customers with a very low MHz and memory implementation."

"The HiFi DSP is used today in mobile, PC, automotive and digital assistant products where voice processing is an essential feature," said Larry Przywara, group director of Audio/Voice IP Marketing at Cadence. "Alango's Voice Communication and Enhancement products enables our mutual customers to achieve an exceptional user experience in these applications."

Tensilica HiFi DSPs are the most widely licensed audio/voice/speech processors, with support for over 200 proven software packages and more than 85 software partners in the Tensilica Xtensions((TM)) partner program. More than 75 top-tier semiconductor companies and system OEMs have selected Tensilica HiFi DSPs for their audio, voice and speech products. For more information on the Tensilica HiFi DSP family, visit http://ip.cadence.com/ipportfolio/tensilica-ip/audio.

Cadence is a leading provider of intellectual property (IP) for system on chip (SoC) developers. Cadence design IP, verification IP, and Tensilica processor IP have been used to simplify the design and verification of thousands of SoCs across automotive, mobile, enterprise, internet of things (IoT), and consumer applications. Cadence IP plays a vital role in the company's overarching system design enablement strategy, which is to provide a comprehensive set of tools, design content, and services for the development of innovative electronic systems.

About Cadence

Cadence enables global electronic design innovation and plays an essential role in the creation of today's integrated circuits and electronics. Customers use Cadence software, hardware, IP and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. The company is headquartered in San Jose, Calif., with sales offices, design centers and research facilities around the world to serve the global electronics industry. More information about the company, its products and its services is available at www.cadence.com.

© 2017 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective holders.

Cadence Newsroom
408-944-7039
newsroom@cadence.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alango-voice-communication-and-voice-enhancement-packages-now-available-for-cadence-tensilica-hifi-dsp-300412528.html

SOURCE Cadence Design Systems, Inc.

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Financials ($)
Sales 2017 1 930 M
EBIT 2017 475 M
Net income 2017 262 M
Finance 2017 37,4 M
Yield 2017 -
P/E ratio 2017 33,81
P/E ratio 2018 30,41
EV / Sales 2017 4,50x
EV / Sales 2018 4,17x
Capitalization 8 723 M
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 29,7 $
Spread / Average Target -5,2%
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NameTitle
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 & SVP
Roger S. Siboni Independent Director
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