( ESNUG 557 Item 1 ) -------------------------------------------- [02/10/16]

Subject: SCOOP -- leaked internal CDNS memo explains Anirudh and Charlie

SCOOP - On Friday, CDNS CEO Lip-bu Tan sent an email to all 6,000 Cadence employees saying Charlie Huang is leaving Cadence. This comes as a surprise because most people inside EDA thought Charlie was being groomed as Lip-bu Tan's eventual replacement.

Why Charlie resigned is unknown at this moment.

     - DeepChip scoop originally published on 10/19/15


THE OTHER SHOE DROPS: Roughly 18 weeks ago, I published this scoop above that
to everyone's surprise, 14 year CDNS veteran Charlie Huang was leaving CDNS.
         
The speculation at that time was that CDNS CEO Lip-bu Tan (or the CDNS BoD)
had bigger future plans for Anirudh Devgan -- instead of for Charlie.  This
was confirmed yesterday in a leaked internal CDNS memo (sent only to CDNS
employees) that gave Anirudh control over all things digital at CDNS.

    From: [ Lip-bu Tan of Cadence ]
      To: [ All CDNS employees ]

    Team Cadence,

    Two years ago I asked Anirudh Devgan to lead the Digital Signoff Group
    (DSG) which addresses the largest segment in EDA and been a stronghold
    of the competition.

    Since then Anirudh has successfully built a strong team and culture of
    innovation that has led to the delivery of 6 new highly differentiated
    products.  These products have gained impressive traction with market-
    shaping customers.

    Our momentum is reflected in the fact that DSG business at targeted
    customers has increased by over 35% over past year, with over a dozen
    companies adopting our full digital flow -- a great accomplishment in
    this competitive arena.  Thanks to the DSG team's extraordinary
    efforts, we're set up to proliferate within these accounts and beyond.

    To recognize and capitalize on this success through driving further
    expansion of our portfolio at targeted top accounts, and to explore
    tighter synergies between our digital implementation and system
    verification portfolios, I have asked Anirudh to take on an expanded
    role.

    Effectively immediately, Anirudh is appointed General Manager of the
    System Verification Group in addition to his role as GM of DSG.  The two
    business groups will continue as discrete organizational structures
    with their respective leadership teams continuing in their current
    roles.
   
    SVG has grown rapidly in recent years through both organic development
    and by virtue of the Jasper and Forte acquisitions, leading to a record
    year of growth for our system development suite.
               
    SVG has been lead by strong leadership with Ziv Binyamini, Daryn Lau,
    Oz Levia, and Sean Dart running the business units and Michal Siwinski
    and Pete Connor leading product management and operations, respectively.
    I have been impressed with their contributions and commitment to the
    success of SVG.

    I am excited by the potential for significant areas of synergy between
    SVG and DSG, such as:

      - expanded business with customers doing design and verification
        of advanced SoCs

      - better leverage across ARM-based SoC enablement with verification
        and implementation

      - for low power analysis, customers can combine early estimation
        from our Joules RTL power solution as well as the accuracy of
        our Palladium dynamic power analysis and Incisive simulation.

      - tighter integration between Stratus HLS and Genus RTL Synthesis can
        provide improved QoR for our overall TLM-to-GDSII design flow.

      - JasperGold and Conformal together can provide the broad range of
        formal verification technologies for the market.

    I am confident that Anirudh's leadership will further accelerate our
    innovation in verification to drive technology leadership and build on
    the strong business momentum we currently have.  In addition to his
    success over the past few years at Cadence, Aniridh brings ~20 years of
    industry experience.  IEEE Fellow in 2006, 90+ papers, 27 U.S. Patents
    in EDA and circuit design.  Bachelor's from IIT Delhi, MS and PhD
    from Carnegie Mellon.

    Please join me in congratulating Anirudh on expanded responsibilities.

    I look forward to working closely with him to drive the DSG and SVG
    teams to even greater success.

        - Lip-bu Tan
          Cadence Design Systems, Inc.           San Jose, CA

That is, *before* yesterday's news Anirudh only controlled just the digital
design tools like PnR, RTL synthesis, STA, etc.  Now Anirudh also controls
all digital verification tools like Verilog/VHDL simulation, emulation, etc.
         
Taken altogether, Anirudh now controls roughly 2/3rds of CDNS -- with the
remaining ~25% being Tom Beckley for Virtuoso and PCB, and ballpark ~15%
by Erik Panu for CDNS hard/soft/verification IP.

The other shoe dropped once this internal memo was distributed inside CDNS. 
My congrats go out to Anirudh.  He's clearly now their new heir apparent.

    - John Cooley
      DeepChip.com                               Holliston, MA
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