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Cadence (CDNS) Launches EMX Designer to Reduce Design Time
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Cadence Design Systems (CDNS - Free Report) has announced the launch of a new technology called Cadence EMX Designer, which offers passive device synthesis and optimization capabilities. The technology can provide design rule check (DRC)-clean parametric cells (PCells) and electromagnetic models of passive devices, like inductors, transformers and T-coils, at a fast rate.
The EMX Designer solution is integrated with the Cadence Virtuoso ADE Product Suite, which helps speed up synthesis times by about 10 times compared to other solutions, added the company. Thus, the EMX Designer solution helps customers to improve their productivity and reduce design cycle times.
Customers can leverage the EMX Designer solution to synthesize DRC-clean passive devices, which are based on geometrical and electrical requirements. The PCells can be modified to suit the designer's layout requirements, making it highly flexible. The solution can also be combined with the EMX 3D Planar Solver to ensure the accuracy of generated models.
The EMX Designer solution has been tested and recommended by pSemi for PCell flexibility, speed and accuracy. It has been designed to support the Cadence Intelligent System Design strategy and can enable system-on-chip (SoC) design improvement and system innovation.
Cadence offers products and tools that help customers to design electronic products. The company continues to invest heavily in verification and digital design products, helping it launch products that address the ever-growing needs of electronics and semiconductor companies.
Earlier this month, the company unveiled the Cadence Allegro X AI technology, a new system design tool that offers significant improvements in performance and automation. This technology leverages cloud scalability for physical design automation, which provides the generative design of the printed circuit board while ensuring its electrical correctness and manufacturability, added the company.
Prior to that, the company released 13 new Verification IP (VIP) solutions to help engineers verify their designs per the latest industry standards. The VIPs support multiple application areas and specifications, including hyperscale data centers, automotive, consumer and mobile SoC.
CDNS currently sports a Zacks Rank #1 (Strong Buy). Shares of the company have gained 44.9% compared with the sub-industry’s growth of 4.6% in the past year.
The Zacks Consensus Estimate for Arista Networks’ 2023 earnings has increased 11% in the past 60 days to $5.85 per share. The long-term earnings growth rate is anticipated to be 14.2%.
Arista Networks’ earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 14.2%. Shares of ANET have increased 25.7% in the past year.
The Zacks Consensus Estimate for Asure Software’s 2023 earnings has increased 25% in the past 60 days to 35 cents per share. The long-term earnings growth rate is anticipated to be 25%.
Asure Software’s earnings beat the Zacks Consensus Estimate in all the last four quarters, the average being 445.8%. Shares of ASUR have increased 187.8% in the past year.
The Zacks Consensus Estimate for Pegasystems’ 2023 earnings has increased 72.8% in the past 60 days to $1.40 per share.
Pegasystems’ earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, the average surprise being 11.2%. Shares of the company have declined 36.9% in the past year
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Cadence (CDNS) Launches EMX Designer to Reduce Design Time
Cadence Design Systems (CDNS - Free Report) has announced the launch of a new technology called Cadence EMX Designer, which offers passive device synthesis and optimization capabilities. The technology can provide design rule check (DRC)-clean parametric cells (PCells) and electromagnetic models of passive devices, like inductors, transformers and T-coils, at a fast rate.
The EMX Designer solution is integrated with the Cadence Virtuoso ADE Product Suite, which helps speed up synthesis times by about 10 times compared to other solutions, added the company. Thus, the EMX Designer solution helps customers to improve their productivity and reduce design cycle times.
Customers can leverage the EMX Designer solution to synthesize DRC-clean passive devices, which are based on geometrical and electrical requirements. The PCells can be modified to suit the designer's layout requirements, making it highly flexible. The solution can also be combined with the EMX 3D Planar Solver to ensure the accuracy of generated models.
Cadence Design Systems, Inc. Price and Consensus
Cadence Design Systems, Inc. price-consensus-chart | Cadence Design Systems, Inc. Quote
The EMX Designer solution has been tested and recommended by pSemi for PCell flexibility, speed and accuracy. It has been designed to support the Cadence Intelligent System Design strategy and can enable system-on-chip (SoC) design improvement and system innovation.
Cadence offers products and tools that help customers to design electronic products. The company continues to invest heavily in verification and digital design products, helping it launch products that address the ever-growing needs of electronics and semiconductor companies.
Earlier this month, the company unveiled the Cadence Allegro X AI technology, a new system design tool that offers significant improvements in performance and automation. This technology leverages cloud scalability for physical design automation, which provides the generative design of the printed circuit board while ensuring its electrical correctness and manufacturability, added the company.
Prior to that, the company released 13 new Verification IP (VIP) solutions to help engineers verify their designs per the latest industry standards. The VIPs support multiple application areas and specifications, including hyperscale data centers, automotive, consumer and mobile SoC.
CDNS currently sports a Zacks Rank #1 (Strong Buy). Shares of the company have gained 44.9% compared with the sub-industry’s growth of 4.6% in the past year.
Image Source: Zacks Investment Research
Other Stocks to Consider
Some other top-ranked stocks in the broader technology space are Arista Networks (ANET - Free Report) , Asure Software (ASUR - Free Report) and Pegasystems (PEGA - Free Report) , each presently sporting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Arista Networks’ 2023 earnings has increased 11% in the past 60 days to $5.85 per share. The long-term earnings growth rate is anticipated to be 14.2%.
Arista Networks’ earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 14.2%. Shares of ANET have increased 25.7% in the past year.
The Zacks Consensus Estimate for Asure Software’s 2023 earnings has increased 25% in the past 60 days to 35 cents per share. The long-term earnings growth rate is anticipated to be 25%.
Asure Software’s earnings beat the Zacks Consensus Estimate in all the last four quarters, the average being 445.8%. Shares of ASUR have increased 187.8% in the past year.
The Zacks Consensus Estimate for Pegasystems’ 2023 earnings has increased 72.8% in the past 60 days to $1.40 per share.
Pegasystems’ earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, the average surprise being 11.2%. Shares of the company have declined 36.9% in the past year