MANHASSET, N.Y. Cadence Design Systems has opened its second office in Russia, in the heart of the former Soviet Union's "Silicon Valley".
The office is located in Zelenograd, about 45 km (about 28 miles) from Moscow, and is recognized as the center of the Russian semiconductor industry with a rapidly growing number of startups. The office will serve as a center of excellence for Cadence virtual CAD services (VCAD).
The VCAD business model helps companies accelerate design productivity by providing methodology and design expertise, intellectual property and training for design teams.
"We are very excited to be part of the growing ecosystem in Zelenograd," Wolf-Ekkehard Matzke, Cadence Fellow in charge of its business in Europe, the Middle East and Africa, said in a statement.
"By opening an office in Zelenograd, Cadence is demonstrating its determination to be an integral part of our innovation ecosystem," added Gennady Krasnikov, general director of JSC Mikron, a leading Russian fab and one of the two largest semiconductor fabs in Zelenograd. The other is Angstrem. "Locating in Zelenograd puts Cadence in close touch [with] leading Russian IC developers and manufacturers."
In 2004, Cadence became the first EDA company to open a research and development center in Moscow. The company now employs more than 140 engineers in Russia.
Last month, Cadence was named one of the best employers in Russia.
Cadence has also been expanding its inlfuence in South America. The company recently announced a similar deal to the earlier Russian agreement with the Brazilian government. The deal calls for Cadence to provide its university software package that grants access to its EDA tools for 22 educational institutions and four training centers within Brazil.