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Cadence next to go private equity route? |
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Jun 04, 2007 at 10:02 AM |
Hardly a week goes by without news of a company in the semiconductor or micro/nanoelectronics realms considering acquisition or investment by a private equity group.
Today's New York Times says that design-automation software leader Cadence Design Systems is the latest prospect for a private takeover, which should give the attendees at this week's Design Automation Conference (DAC) in San Diego something to jaw about beyond the latest design-for-manufacturing war stories.
The article identifies the Blackstone Group (which already holds Freescale Semi) and Kohlberg Kravis Roberts as the "suitors." The piece also includes a paragraph about the diagonal wonders of the X architecture scheme codeveloped by Cadence, although it doesn't mention the innovative design approach by name. Toward the end of the article, a common typo got by the copy desk, where the spelling of the name of one of Cadence's fiercest rivals---Synopsys---gets tweaked with an "i" instead of that final "y."
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