New announcement in Electronic Design Automation space:
Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced a collaboration with Microsoft to facilitate electronic systems and semiconductor design with the Cadence® Cloud portfolio. Through the collaboration, customers can access the Cadence Cloud-Hosted Design Solution, a Cadence-managed and EDA-optimized design environment that is built on the Microsoft Azure cloud platform and customized for company-specific infrastructure requirements. The collaboration also enables customers who manage their own IT and business relationships with Microsoft to use the Cadence Cloud Passport model to access cloud-ready software tools for use on Azure. The Cadence and Microsoft collaboration enables design engineers to address growing design complexity and get to market faster via the scalability of Azure.
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Read more of the press release here:
Cadence and Microsoft Collaborate to Facilitate Semiconductor and System Design on the Microsoft Azure Cloud Platform
https://www.businesswire.com/news/home/20180625005339/en/Cadence-Microsoft-Collaborate-Facilitate-Semiconductor-System-Design