Cadence receives $1.6 million order from Hyundai Electronics; will help re-engineer Hyundai's system product development process.SAN JOSE, Calif.--(BUSINESS WIRE)--March 20, 1995--Cadence Design Systems, Inc. (NYSE NYSE See: New York Stock Exchange :CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) today announced that it had received a $1.6 million order from Hyundai Electronics Industries of Korea. The order, which represents the second major announcement with a Korean company in 60 days for Cadence, includes a wide range of electronic design automation (EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. ) software and services to be used by Hyundai's systems divisions for the development of digital and mixed-signal systems products. The Cadence software and services will initially be applied by system design teams in Hyundai's computer and communications businesses to build development environments for the design of products such as mobile telephones, switching systems for connecting to public telephone networks, computer memory modules, and the TICOM IV highly-parallel processing computer project being developed in conjunction with the Korean Electronics Technology Research Institute (ETRI ETRI Electronics & Telecommunications Research Institute (Korea) ETRI Enhanced Threat Reduction Initiative ETRI Electronics Telecommunication Research Inc. ). Each of these has unique requirements for tools, models and services. Cadence was one of several EDA vendors considered by Hyundai in conjunction with Hyundai's business process re-engineering See reengineering. (business) Business Process Re-engineering - (BPR) Any radical change in the way in which an organisation performs its business activities. BPR involves a fundamental re-think of the business processes followed by a redesign of business activities to project, an internal restructuring and streamlining of various product development processes aimed at making the company a world leader in electronics for the 21st century. "To achieve our goals will require a product development process that is streamlined, oriented to customer satisfaction, and well integrated across our many product divisions," said S.K. Nam, assistant manager of Hyundai Information Technologies, a new group chartered with much of the re-engineering effort. "Cadence's full line of EDA technology, expertise in methodology development and in-depth support makes them an ideal partner for Hyundai in the pursuit of this objective." Specific products ordered from Cadence include the Concept design entry software, PIC Designer for top-down FPGA (Field Programmable Gate Array) A type of gate array that is programmed in the field rather than in a semiconductor fab. Containing up to hundreds of thousands of gates, there are a variety of FPGA architectures on the market. and CPLD (Complex PLD) A programmable logic device that is made up of several simple PLDs (SPLDs) with a programmable switching matrix in between the logic blocks. CPLDs typically use EEPROM, flash memory or SRAM to hold the logic design interconnections. See PLD and SPLD. design, Allegro for printed circuit board physical design, and a complete environment for mixed-signal simulation incorporating Cadence's Logic Workbench, Analog Workbench, Resolve analog optimizer, stress analysis, statistical analysis, and simulation libraries for both analog and digital design. In addition, Cadence will provide Hyundai with a variety of training and consulting services to help design teams quickly become productive with new tools and design methodologies. "Our first goal is to help Hyundai streamline the front-to-back board design process and to bring simulation to product design teams where it can be most beneficial," said D.S D.S Drainage Structure (flood protection) . Kim, general manager of Cadence Korea. "Based on the success of these projects we hope to be able to reach additional design teams, as well as assist in the overall re-engineering of Hyundai's library and design data management systems." Cadence Design Systems (company) Cadence Design Systems - A company that sells electronic design automation software and services. http://cadence.com/. See also Verilog. , Inc., is the worldwide leader in the development and marketing of design automation software and services that accelerate and advance the process of designing electronic systems. Cadence combines leading-edge technology with a complementary set of services that enables customers to improve the quality and time-to-market performance of innovative electronic products. Cadence is based in San Jose, and employs approximately 2,400 people in research and development, sales and support locations worldwide. The Company is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol CDN. For Cadence product information or to place an order, call Cadence at 1-800/PHONCAD within the continental U.S., email at cadenceconnect@cadence.com, or contact your local Cadence sales office directly. CONTACT: Cadence Design Systems, Inc., San Jose Laurel Stanley, 508/262-6104 Michael Busselen, 408/944-7339 |
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