September 10, 2008 -- Cadence Design Systems, Inc. today announced the availability of its software as a service (SaaS) offerings for semiconductor design. These production-proven, ready-to-go design environments are accessible via the Internet and provide design teams a faster time-to-productivity with reduced risk and cost. Cadence Hosted Design Solutions are available for custom IC design, logic design, physical design, advanced low power, functional verification, and digital implementation.

"Cadence's hosted solution was a good fit for our design team, as it provided an immediately available design environment for my team to utilize from day one," said Jarie Bolander, Vice President, R&D, Tagent, Inc. "We found it easy to collaborate with remote teams and get new engineers productive quickly. The adoption of Cadence's Hosted Design Solutions resulted in a seamless design environment that saved us a significant amount of upfront setup. We were able to successfully tape out our chip and plan on using the hosted solutions for other projects."

Cadence Hosted Design Solutions deliver on a complete solution stack by providing the integrated EDA software suite, along with the associated IT infrastructure, compute, storage, and secure networking capabilities. "The growing complexity to develop, optimize, and manage design environments along with the need for more efficient collaboration, adds risk and cost to the design cycle," said Vishal Kapoor, group director of Solutions Marketing at Cadence. "By offering these Hosted Design Solutions, Cadence provides users an optimal set of technologies and use models, delivered on a hosted and managed infrastructure, all at a lower cost."