Product category: Design and Development Software
News Release from: Cadence Design Systems
Edited by the Electronicstalk Editorial Team on 15 March 2002
Cadence philosophical about Plato acquisition
Cadence Design Systems is to acquire Plato Design Systems, a privately held design technology firm headquartered in San Jose, California
The financial terms of the agreement were not disclosed. NanoRoute, Plato's advanced, scalable routing solution, improves designers' productivity for implementing future generation SoC designs. NanoRoute will augment the advanced capabilities of Cadence SoC Encounter to enable designers to meet deep submicron challenges in timing, signal integrity, power, run time and capacity.
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"The Plato acquisition brings Cadence an outstanding technical team that has developed a powerful, complementary technology", said Ray Bingham, president and CEO of Cadence.
"The combination of Cadence SoC Encounter with Plato's next-generation SoC routing technology will provide our customers an even more compelling integrated electronic design solution".
On completion of the acquisition, Cadence will integrate the NanoRoute technology into the SoC Encounter product family.
Further reading
Methodology combines design with verification
Fujitsu Kyushu Network Technologies is using the Cadence Incisive plan-to-closure methodology for SystemVerilog verification in RTL logic design teams
All 24 Plato employees will become part of Cadence, reporting to Ping Chao, Cadence senior vice president and general manager of Digital IC Solutions.
"Joining with Cadence enables us to quickly deliver the technology to many more customers", said Limin He, PhD, Plato's president and CEO.
"All of us at Plato are excited to become part of the Cadence team".
"NanoRoute represents an exceptional technology that has tremendous synergy with the Cadence solution", said Chao.
"This acquisition will enhance our future-generation technology offerings and help provide a truly unique capability for customers facing extremely complex chip-design problems".
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