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

Delayed Quote. Delayed  - 08/24 10:00:00 pm
25.21 USD   -0.12%
08/23 CADENCE DESIGN : Irida Labs’ NoiseSweeper and EnLight Software..
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Cadence Design : Irida Labs’ NoiseSweeper and EnLight Software Now Available on Cadence Tensilica Imaging/Vision DSPs

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08/23/2016 | 05:20pm CEST

Cadence Design Systems, Inc. (NASDAQ: CDNS) and Irida Labs today announced that Irida Labs' IRIS-EnLight and IRIS-NoiseSweeper technologies are now available on the Cadence Tensilica Vision family of digital signal processors (DSPs). Developed by vision industry experts at Irida Labs, these new technologies enable mobile, automotive, home electronics and wearables designers to achieve improvements in performance while using less power compared with common CPU and GPU implementations. Measurements indicate at least ten times lower power consumption compared to a CPU implementation and five times lower power consumption compared to a GPU implementation. For more information, visit www.cadence.com/go/irida-labs.

Irida Labs' IRIS-EnLight low-light video software enhances videos and images taken in challenging lighting conditions and slow shutter speeds. The software enhances the image and video contrast and intensity to restore the original color content of the scene. It also features a scheme that reduces noise resulting from low-light perception of the image sensor.

In addition, IRIS-NoiseSweeper software has also been ported to the Tensilica Vision DSP to provide premium video quality and cleaner still-images. The software is targeted at image noise reduction for high-resolution still images. The technology features an automated noise profile estimation that reduces calibration needs and shortens development time. It operates in a single frame and eliminates any motion-blurring phenomena associated with multi-frame techniques. For more information on Irida Labs' technologies, visit www.iridalabs.gr/products.

The Tensilica family of imaging/vision DSPs was designed for the complex algorithms in imaging, video and computer vision applications including innovative multi-frame image capture, video pre- and post-processing, object and face recognition, low-light enhancement and many other complex tasks.

'Embedded vision and machine learning is becoming more and more popular in a number of different markets like mobile, automotive and surveillance. The wide adoption of embedded vision depends on the use of computationally complex algorithms in challenging low-power environments,' said Vassilis Tsagaris, CEO of Irida Labs. 'Our partnership with Cadence enables us to deliver high-performance power-efficient computer vision solutions to the market, and is also very promising for our machine-learning -based visual perception solutions.'

Cadence Design Systems Inc. published this content on 23 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 August 2016 15:19:03 UTC.

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Financials ($)
Sales 2016 1 820 M
EBIT 2016 469 M
Net income 2016 236 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 34,20
P/E ratio 2017 27,55
Capi. / Sales 2016 4,05x
Capi. / Sales 2017 3,83x
Capitalization 7 379 M
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Cadence Design Systems Inc Technical Analysis Chart | CDNS | US1273871087 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 26,8 $
Spread / Average Target 6,3%
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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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