Cadence Collaborates with Google Cloud to Enable Cloud-Based Development of Electronic Systems and Semiconductors

SAN FRANCISCO — (BUSINESS WIRE) — June 25, 2018DESIGN AUTOMATION CONFERENCE—Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced a collaboration with Google Cloud to enable electronic systems and semiconductor design with the Cadence® Cloud portfolio. The collaboration enables Google Cloud Platform customers to use the Cadence Cloud Passport model to access cloud-ready Cadence software tools for use in Google Cloud. The collaboration between Cadence and Google Cloud helps engineers to access compute resources quickly, driving improved productivity for complex chip design projects.

The announcement was made at the 55th annual Design Automation Conference (DAC) being held in San Francisco at Moscone Center West, June 25-28, 2018. Cadence is located in booth 1308 in the main exhibit hall and booth 1245 in the Design Infrastructure Alley. For more information on the Cadence collaboration with Google Cloud, please visit www.cadence.com/go/cloudvendorg.

“We’ve chosen to collaborate with Cadence because we see a great opportunity in front of us to move systems and semiconductor companies to the cloud via Google Cloud Platform,” said Adam Massey, Director, Strategic Technology Partners, Google Cloud. “We look forward to empowering our mutual customers to achieve efficiencies with the cloud that can enable them to deliver chips to market faster.”

“Our collaboration with Google Cloud is enabling us to deliver our cloud-ready solutions that are part of our broader Cadence Cloud portfolio to customers who need the scalability of the cloud to securely manage the exponential increase in design complexity,” said Neil Kole, senior vice president and chief information officer at Cadence. “Google Cloud can enable our customers to complete development tasks more quickly so they can deliver competitive products to market faster.”

In related news, Cadence today introduced the Cadence Cloud portfolio, the first broad cloud portfolio for the development of electronic systems and semiconductors. See the news release at www.cadence.com/go/cloudnews, and for more detailed information on the full portfolio, please visit www.cadence.com/go/cadencecloudg.

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.

© 2018 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 owners.



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