Highlights:

- Multi-year Technology Access Agreement gives Cadence rights to access to existing and future ARM® Cortex® processors, ARM Mali™ GPUs, ARM CoreLink™ system IP, ARM Artisan® physical IP, and ARM POP™ IP

- Expands upon existing and successful EDA Technology Access Agreement between the companies

SAN JOSE, California and CAMBRIDGE, England, Sept. 29, 2014 /PRNewswire/ -- Cadence Design Systems, Inc. and ARM today announced the signing of a multi-year Technology Access Agreement. Expanding upon the successful EDA Technology Access Agreement signed in May 2014, this new agreement gives Cadence rights to access to existing and future ARM Cortex processors, ARM Mali GPUs, ARM CoreLink System IP, ARM Artisan physical IP, and ARM POP IP. This partnership enables ARM and Cadence to continue providing customers with advanced low-power and high-performance system-on-chip (SoC) design solutions for markets including next-generation mobile, consumer, networking, storage, automotive and IoT.

Logo - http://photos.prnewswire.com/prnh/20140102/SF39436LOGO

"Together, ARM and Cadence have delivered robust solutions that have enabled developers, designers and engineers to create innovative new ARM-based devices," said Pete Hutton, executive vice president and president of product groups, ARM. "This new agreement is a strong commitment from both companies to continue delivering the key technologies and tools the design community needs when creating world-class products and pushing the boundaries of innovation."

Additional features of the agreement include the ability for Cadence to develop optimized processor scripts and flows for Mali GPUs and the latest high performance ARM processors, including the recently announced ARM Cortex-M7 core for embedded applications. The collaboration between Cadence and ARM on the Cortex-M processor family leverages Cadence's proven integrated mixed-signal design and verification flow and expertise in low-power design and verification for applications including IoT end-node device implementation. Early access to Artisan Physical IP enables Cadence to optimize its physical design tools to achieve aggressive power, performance and area targets.

The agreement also complements the previously existing collaborations between ARM and Cadence around implementation and verification of ARM's 64-bit ARMv8 architecture Cortex®-A50 processor series, the integration of ARM Fast Models with Cadence Palladium® XP series hardware for fast hybrid virtual emulation, and performance verification and analysis for CoreLink™ 400 interconnect IP-based systems using Cadence's Interconnect Workbench solution.

"Through our close collaboration with ARM as both a customer and partner, this multi-year agreement ensures that Cadence can continue delivering differentiated solutions that enable our customers to rapidly design ARM-based SoCs," said Charlie Huang, senior vice president, Worldwide Field Operations and System & Verification Group at Cadence. "Our joint customers can continue pushing the limits on low power and high performance SoC designs."

Contacts:

ARM:
Phil Hughes
Head of technical PR
Tel: +1 512 330 1844
Email: phil.hughes@arm.com

Cadence:
Cadence Newsroom
408-944-7039
newsroom@cadence.com

About ARM

ARM is at the heart of the world's most advanced digital products. Our technology enables the creation of new markets and transformation of industries and society. We design scalable, energy efficient-processors and related technologies to deliver the intelligence in applications ranging from sensors to servers, including smartphones, tablets, enterprise infrastructure and the Internet of Things.

Our innovative technology is licensed by ARM Partners who have shipped more than 50 billion Systems on Chip (SoCs) containing our intellectual property since the company began in 1990. Together with our Connected Community, we are breaking down barriers to innovation for developers, designers and engineers, ensuring a fast, reliable route to market for leading electronics companies. Learn more and join the conversation at http://community.arm.com.

About Cadence

Cadence Design Systems (NASDAQ: CDNS) plays an essential role in the creation of today's integrated circuits and electronics. Customers use Cadence software, hardware, IP, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. 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. More information about the company, its products, and services is available here.

This news release contains certain forward-looking statements, including expectations for markets, products, partners and customers that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Risks that may cause these forward-looking statements to be inaccurate include among others: our partners' products may not be available in the capacities or on the timelines that we expect, unforeseen events may lead to changes in our relationships with our partners, or the other risks detailed from time-to-time in our Securities and Exchange Commission filings and reports, including, but not limited to, our most recent quarterly report on Form 10-Q and our annual report on Form 10-K. We do not intend to update the information contained in this press release.

© 2014 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence and the Cadence logo are registered trademarks of Cadence Design Systems, Inc. in the United States and other countries. ARM, Artisan, and Cortex are registered trademarks of ARM Limited (or its subsidiaries) in the EU and/or elsewhere. Mali is a trademark of ARM Limited (or its subsidiaries) in the EU and/or elsewhere. All rights reserved.

SOURCE Cadence Design Systems, Inc.