Cadence Design Systems has acquired Excellent Design (EXD), a Japanese company that provides VLSI design and development environments by combining the expertise of application-specific chip (ASIC) designers, system architecture engineers, and electronic-design automation (EDA) tool engineers.
The acquisition adds nearly 50 chip designers to San Jose, Calif.-based Cadence's Japanese operations, and enhances the Asia-Pacific component of the company's global Design Factory Network, a resource of 19 Cadence design centers staffed by experienced designers.
The team joins Cadence's existing services operations in Japan and will focus on providing ASIC and system-on-a-chip (SOC) design services and library development. The combined team represents the largest independent design-realization service organization in Japan and adds to the Cadence organization of more than 1,400 professionals worldwide.
"Electronics companies in Japan and throughout the Pacific Rim are beginning to understand that to compete in the global marketplace, new and innovative business approaches are required," said Kiyotaka Fujii, president of Cadence-Japan. "This transition to more fluid models for developing products presents a great opportunity to apply the successful Cadence design realization model to this market, but also requires that we have the services capacity to meet growing demand. We have known the team from Excellent Design for a long time, as they are leading-edge users of our design tools, and we are confident they will bring great value to our customers in this region."
EXD was founded in 1990 and acquired by Innotech in 1991. Cadence and Innotech have a long-standing business relationship, in which Innotech serves as the Cadence sales and service channel for its design automation software products.
"As more and more electronics companies move to system-on-a-chip design, demand has been growing for advanced design services, and Excellent Design has benefited from that demand," said Minoru Yoshida, president of Innotech. "Innotech recognizes the necessity to focus its business on core competence: EDA technology and support to provide better productivity for customers. As a result, and with the focus by Cadence on its services business, it is mutually beneficial to have the Excellent Design team formally join Cadence. We expect this agreement to further strengthen the relationship between Cadence and Innotech."