Cadence Design Systems (India) Pvt Ltd., the Indian subsidiary of Cadence Design Systems, Inc. (NASDAQ: CDNS) announced that Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT) and also the world’s largest independent R&D services provider, has chosen Cadence for its VLSI and System Design services business portfolio.
The move streamlines design technology operations and establishes Cadence tools and flows across the organization, thus increasing efficiency and minimizing costs for its operations. Adopting some of the new technologies from Cadence, Wipro further expands its EagleWision methodology to get more power optimization while enhancing its integrated chip-package-board analysis and modeling design approach.
“The Cadence innovative engagement models, the depth and breadth of technology and its inventive approaches to solving customer problems, made it the frontrunner when we decided to enhance our complete product development service for our customers,” said A Vasudevan, vice president, VLSI System Design, Wipro Technologies. “Cadence is a key partner and has provided outstanding support for more than a decade as we taped out designs from 0.35 to our recent ASICs in the 90-nanometer and 65-nanometer area reaching complexities of more than 45 million gates.”
“The Cadence leadership position ensures that we will continue to support Wipro as they strive to achieve their goals by providing leading-edge electronic-design solutions and innovative engagement models. Cadence is committed to Wipro’s success,” said Jaswinder Ahuja, corporate vice president and managing director, Cadence Design Systems (India) Pvt Ltd.
Wipro is the No.1 provider of integrated business, technology and process solutions on a global delivery platform. Wipro has built a 13,500-person Product Engineering Solutions (PES) Group that offers a complete range of R&D services ranging from product strategy to hardware design and quality consulting for clients that sell electronics-based products. PES has more than 200 active clients in industries such as semiconductor, automotive, platforms and peripherals, consumer electronics, and medical devices. R&D services now accounts for 36 percent of Wipro’s total revenues.
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro’s ADS’ are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange – Mumbai, and the National Stock Exchange.
Cadence enables global electronic-design innovation and plays an essential role in the creation of today’s integrated circuits and electronics. Customers use Cadence software and hardware, methodologies, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. Cadence reported 2005 revenues of approximately $1.3 billion, and has approximately 5,200 employees. The company is headquartered in San Jose, Calif., with sales offices, design centers, and research facilities around the world to serve the global electronics industry.
Cadence is a registered trademark and the Cadence logo is a trademark of Cadence Design Systems, Inc.