September 29, 2003
Make New Friends, but Keep The Old
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'Camp EDAC Accord' hints at possible Nobel Peace Prize
Cadence Design Systems, Inc. and Mentor Graphics Corp. announced that they have agreed to settle all outstanding litigation between the companies relating to emulation and acceleration systems. The companies also announced an agreement that, for a period of seven years, neither will sue the other over patented emulation and acceleration technology. (Perhaps of greater or lesser importance, Mentor has also announced it will pay Cadence $18 million in cash.)
In addition, the companies said that an immediate customer benefit of the agreement is that Mentor will now join Cadence in the OpenAccess Coalition, sponsored by Si2. Meanwhile, in the spirit of the moment, Ray Bingham, President and CEO at Cadence is quoted in the Press Release as having said: “Healthy competition yields better technology platforms and results for our customers; chronic litigation does not. While it will always be important for us to protect our intellectual property, right now our customers, who face a continued weak economy and unprecedented challenges in chip design, need our undivided attention.”
Not to be outdone in the area of Collegiality and Magnanimity, Walden C. Rhines, Chairman and CEO at Mentor Graphics, is similarly quoted in the same Press Release: “We are pleased to have settled this litigation in a fair and reasonable manner. Helping customers keep pace with the growing complexity of today's SoC and ASIC designs is our overriding objective, and the end of this litigation will help us achieve that aim.”
All joking aside
Kudos to Cadence Design Systems for donating $675,000 to the new Georgia Travis Center for Women and Children in San Jose, CA. Originally opened 10 years ago at a site a few blocks from the new location, the Georgia Travis Center had outgrown its capacity. With the help of the donation from Cadence, raised at the Cadence Stars & Strikes bowling fundraiser last year, InnVision was able to purchase and renovate a large warehouse for a working facility that provides 10,000 more square feet for counseling, children's programs, dining, laundry/showers, classrooms, a computer lab and a dedicated medical exam room. The new facility will serve over 5,000 people per year.
The numbers are in
EDAC's Market Statistics Service announced that the EDA industry revenue for the second quarter of 2003 was $946 million, an 8 percent increase over $876 million in Q2 2002. EDAC says this is the second consecutive quarter of sequential revenue growth and that Q2 2003 was also the first quarter to show positive revenue growth (compared to the prior year's quarter) since Q4 2001. Consortium Chairman Wally Rhines said, “We are very encouraged to report a return to revenue growth for the EDA industry in Q2. Second-quarter growth was strong enough to lift year-to-date revenue to $1,854 million, one percent higher than the $1,837 reported in the first half of 2002.”
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-- Peggy Aycinena, EDACafe.com Contributing Editor.
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