Wednesday, April 24, 2024
HomeFundingCA-based Cadence Design Systems Acquired Invecas

CA-based Cadence Design Systems Acquired Invecas

CA-based Cadence Design Systems Acquired Invecas. a leading provider of design engineering, embedded software and system-level solutions, headquartered in Santa Clara, California.

CA-based Cadence Design Systems Acquired Invecas. a leading provider of design engineering, embedded software and system-level solutions, headquartered in Santa Clara, California.

The purchase adds a skilled system design engineering team to Cadence, with expertise in providing customers with custom solutions across chip design, product engineering, advanced packaging and embedded software.

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Accelerating trends such as digital transformation of multiple vertical markets and more system companies building custom silicon continue to drive strong design activity. Additionally, with classic Moore’s law slowing down, new “More than Moore” technologies, such as advanced 2.5D/3D packaging and chiplets, are paving the way for significant performance and manufacturing efficiencies.

These strategic generational trends, underpinned by advancements in AI, are ushering in a new era of design and spurring a rapidly growing customer need for skilled end-to-end engineering expertise in enabling their custom silicon and system development efforts.

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The acquisition brings a skilled engineering team centered in Hyderabad, led by Invecas CEO Dasaradha Gude, that has vast experience in delivering end-to-end system solutions with deep expertise in advanced nodes, mixed-signal, verification, embedded software, packaging and turnkey custom silicon production.

Boyd Phelps, senior vice president and general manager said, “With complexity and challenges increasing due to the proliferation of AI, 2.5D/3D and chiplet designs, customers need access to experienced teams that can assist with bringing designs from ideation to production, Silicon Solutions Group, Cadence. “With the acquisition of Invecas, Cadence is able to scale our system design engineering offerings to support customers in critical high-growth verticals who are faced with the need to aggressively increase performance while tackling ever-increasing system-level complexity.”

Dasaradha Gude, CEO, Invecas said, “Generational trends are accelerating the increases in design complexity and driving a customer need for skilled engineering talent that can assist with system design, We are excited to join the Cadence team and to enhance the solutions available to customers, utilizing our core expertise to accelerate customer silicon and system development efforts.”

About Cadence

Cadence is a pivotal leader in electronic systems design, building upon more than 35 years of computational software expertise. The company applies its underlying Intelligent System Design™ strategy to deliver software, hardware and IP that turn design concepts into reality.

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About Invecas

World-class product engineering firm INVECAS offers tailored solutions to the semiconductor sector. Because of their proficiency in ASIC & Design Services, Embedded Software, and System-level Solutions, they are an all-in-one solution provider for EDMs operating in a variety of industry sectors, including Compute, IoT, Automotive, Bio-medical, and Hand-held Devices.

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