IN THE NEWS

Business and technology news from the semiconductor and design tool industries.

In the News

Mentor Graphics Corp. (Wilsonville, OR) launched the Inventra Intellectual Property Business Unit and product lines. The Inventra Intellectual Property Business Unit merges and focuses all of the company's organizations now delivering cores and other reusable components, including 3Soft and the IC Technology Centers , with three newly acquired companies. These include CAE Technologies (San Jose, CA), dQdt (Carlsbad, CA), and Systolic Technology Ltd . (London, England). The Inventra Business Unit will be part of Mentor Graphics' Silicon Systems Division and will be managed independently of Mentor Graphics' design tools. Inventra provides physical library products, including compiled memories, data paths, standard-cell libraries, I/Os, and analog/mixed-signal cells.

Chartered Semiconductor Manufacturing (San Jose, CA) and ASPEC Technology Inc. (Sunnyvale, CA) have signed a three-year technical and marketing agreement to develop design implementation technology (DIT) for Chartered's 0.35-µm and 0.25-µm manufacturing processes.

Chip Express Corp. (Santa Clara, CA) has announced production of 8-in. wafers at its fab in Santa Clara.

Money Bits

Cadence Design Systems Inc. (San Jose, CA) filed a Registration Statement on Form S-3 with the Securities and Exchange Commission on November 8, 1996 in connection with the proposed offering of 5 million shares of its Common Stock, all of which are being sold by the company from its shares held in treasury. In addition, the company has granted the underwriters an option to purchase an additional 750,000 shares of common stock, if any. The offering will be managed by Goldman, Sachs & Co. (New York, NY) and Morgan Stanley & Co. Inc. (New York, NY). Mentor Graphics Corp. (Wilsonville, OR) reported revenue of $100.79 million and net income of $74,000 for the third quarter of 1996. Mentor Graphics recognized merger-related charges of $2.83 million in connection with acquisitions closed during the quarter. Excluding these one-time charges, net income for the quarter was $2.90 million ($0.04 per share). Revenue for the third quarter of 1995 was $107.42 million, with net income of $12.38 million ($0.19 per share).

Movers and Shakers

EPIC Design Technology Inc. (Sunnyvale, CA) appointed Tak Young vice president of R&D, extraction, and reliability.

Mitsubishi Silicon America (Salem, OR) appointed Robert P. Swor vice president of epitaxial operations and Nobe Fukuto to the position of vice president, epitaxial and thin films technology.

National Semiconductor Corp. (Santa Clara, CA) named Kamal Aggarwal to a new position as executive vice president for the company's Central Technology and Manufacturing Group (CTMG).

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integrated system design  January 1997