IP Solutions address requirements for automotive ADAS and infotainment applications

SAN JOSE, Calif., Sept. 20, 2016 — (PRNewswire) —  Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced a broad portfolio of Cadence^® interface and Denali^® memory IP solutions for automotive applications supporting TSMC's 16nm FinFET Compact (16FFC) process. By offering a wide array of IP using TSMC's 16FFC process, Cadence is enabling automotive customers to accelerate time to market while gaining the benefits of TSMC's most advanced process technology used in automotive applications.

For more information on Cadence's IP offerings, visit: www.cadence.com/go/tsmc-16ffc-ip.

These newly announced automotive IP solutions are designed for high reliability and support the most common interfaces used in automotive advanced driver assistance system (ADAS) technology and are helping to deliver innovation for infotainment applications. The interface designs include support for DDR/LPDDR, PCI Express^® (PCIe^®), MIPI^®, automotive Ethernet and USB. In addition, Cadence anticipates initial customer deliveries of the first high-speed SerDes and low-latency DDR IP for use with TSMC's 16FFC process in the fourth quarter of this year.

"TSMC is working closely with Cadence to enable the necessary design IP for our mutual customers building advanced automotive electronic systems, including functions such as ADAS, infotainment, high-fidelity audio and in-car networking," said Suk Lee, TSMC senior director, Design Infrastructure Marketing Division.

"Cadence is making a significant long-term investment in the automotive market segment. Working closely with TSMC, we are delivering IP solutions that meet the needs of our market-leading automotive customers," said Dino Bekis, vice president of marketing for the IP group at Cadence. "Our expanding portfolio of 16FFC automotive solutions, as well as our Tensilica® DSPs and Verification IP, will enable automotive OEMs and their suppliers to accelerate development and time-to-market of their next-generation SoCs."

About Cadence

Cadence enables global electronic design innovation and 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 its services is available at www.cadence.com.

This press release contains certain forward-looking statements 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, the risks detailed from time-to-time in our U.S. 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.

© 2016 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 holders.

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