Cadence expands its design via Symbionics

Cadence expands its design via Symbionics
Richard Ball Cadence Design Systems has bought Cambridge-based design house Symbionics, further expanding its design services group. “In Symbionics we clearly have a world leader in the areas of wireless, such as DECT, and digital television,” said Kevin Bushby, general manager of Cadence in Europe. Symbionics has 120 designers in the fields of wireless, digital TV and multimedia chipsets and is recruiting at the rate of 40 engineers a year. Brent Hudson, general manager of Symbionics, is excited by the acquisition: “It gives us access to the global sales activity within Cadence. This will clearly help us grow our business.” Symbionics will also retain its name as well as the types of projects it pursues. “We can continue to offer the guys here an array of interesting work,” said Hudson. The deal represents a significant endorsement of UK research and development. “It’s a signal that companies like Symbionics, and hence the UK, are a leader in this field,” said Hudson. Cadence’s Bushby agreed: “We’re seeing a deliberate move by Cadence showing that Europe leads in a number of design spaces.” So far Cadence has set up centres for chip design in Europe. Its setting up of Project Alba in Livingston, followed by this acquisition, show a strong move into systems (see Electronics Weekly, March 4, p2). The systems experience of Symbionics’ engineers will be invaluable to Cadence. Almost half of Cadence’s $916m revenue comes from design services, complementing its original market of electronic design automation (EDA) tools. The company has 1,500 designers around the world. Cadence’s Kevin Bushby: “The market opportunity is enormous.”


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