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Cadence Wins Four 2021 TSMC OIP Partner of the Year Awards, Featuring Key Advancements in 3DFabric Design and Cloud-Based Solutions

Joint development of 4nm design infrastructure and DSP IP also recognized

SAN JOSE, Calif. — (BUSINESS WIRE) — November 12, 2021 — Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that it has won four Open Innovation Platform® (OIP) Partner of the Year awards from TSMC for their core EDA, IP and systems solutions. Cadence achieved recognition for the Joint Development of 4nm Design Infrastructure, 3DFabric Design Solution, Cloud-based Productivity Solution and DSP IP.

Cadence achieved these recognitions based on collaborative work with TSMC:

“Over the course of many years, we’ve worked closely with Cadence to ensure our mutual customers have access to the latest technologies needed to innovate and achieve the best possible design results,” said Suk Lee, vice president of the Design Infrastructure Management Division at TSMC. “The TSMC OIP Partner of the Year awards show that our ecosystem partners are committed to enabling customer success, and we look forward to seeing our customers leverage our advanced technologies to stay in front of the competition in their respective markets.”

“By continuing to collaborate with TSMC, we’re enabling mutual customers to deliver designs with confidence and meet design goals by leveraging our newest technologies,” said Dr. Chin-Chi Teng, senior vice president and general manager of the Digital & Signoff Group at Cadence. “These prestigious TSMC awards highlight Cadence’s dedication to enabling SoC design excellence via our Intelligent System Design strategy, and we are committed to continue innovating to ensure our customers have the tools they need to create emerging mobile, automotive and hyperscale computing applications and more.”

About Cadence

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For seven years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

© 2021 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

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