Bill Evans, head of the BLDA group, concurred, "Given the explosion in silicon processes, designers are challenged with the exponentially more complex task of verifying that next-generation chips function as intended.
Pursuant to the agreement between the two companies, financial terms for the BLDA acquisition remain undisclosed.
As a result of the acquisition, more than 100 BLDA employees, including software engineers, consulting service experts, and 40 doctorate technologists renowned in their fields, will join Cadence, contributing to the company's product development, research, and consulting services expertise for the computer, communications, and consumer electronics markets.
The BLDA group has developed an advanced suite of high-level design verification tools and methods used internally at Lucent and by a growing number of other semiconductor vendors and systems manufacturers.
Bill Evans, head of the BLDA group said, "About eight months ago, it became clear that our products were achieving significant recognition in the market and that additional resources were needed to advance our innovative technologies in the commercial arena.
The BLDA technologies and the know-how of its researchers, developers, and consulting service experts complement perfectly our growing software and services businesses.
With the addition of the BLDA production-proven technology and consulting expertise to its portfolio, Cadence strengthens its focus on what it does best -- providing world-class EDA software and services to customers, including Lucent.
In these two countries, BLDA will work with SVR and its current distributors to expand CLOVER sales.
Although originally developed for internal use at AT&T, BLDA has spent two years developing an easy-to-use interface to make this advance technology available to a broader market.
We see this as the beginning of a long-term strategic relationship with BLDA, where each company can leverage the other's technology to solve the complex problems of today's deep submicron designs.
BLDA is a division of Bell Laboratories, the corporate research arm of Lucent Technologies, Inc.
