Yahoo Finance Cadence (CDNS) Boosts System IP Portfolio With Janus NoC
Cadence Design Systems, Inc CDNS recently unveiled Cadence Janus Network-on-Chip (NoC) to boost electronic system connectivity. The solution will be available from July 2024.
Janus NoC is designed to manage simultaneous high-speed communications within and between silicon components with minimal latency. This allows customers to achieve their power, performance and area (PPA) targets faster with relatively lower risk. It also frees up valuable engineering resources for system-on-chip (SoC) differentiation, added Cadence.
The addition of Janus NoC to the System IP portfolio will aid Cadence in becoming an SoC design partner. Janus NoC utilizes CDNS’ Tensilica RTL generation tools. The company further added that the PPA-optimized RTL tool allows SoC designers to attain bandwidth and latency targets.
Janus NoC alleviates the routing congestion and timing issues of existing complex SoC interconnects. These issues are often undetected until physical implementation.
Cadence Design Systems, Inc. Price, Consensus and EPS Surprise
Cadence Design Systems, Inc. price-consensus-eps-surprise-chart | Cadence Design Systems, Inc. Quote
Cadence’s NoC acts as a platform for fostering innovations to tackle pressing needs, including support for industry-standard memory and I/O coherence protocols. Janus NoC is compatible with all IPs with an industry-standard interface (including AHB and AXI4).
This NoC has built-in power management along with a clock domain crossing and width matching. It helps to lower design complexity. Cadence’s NoC platform has a scalable architecture. This enables users to create a subsystem and reuse it in a “full SoC context of the NoC” and allows “reuse” in a multi-chip system, highlighted the company.
Based in San Jose, CA, Cadence is a leader in the electronic system design space. The company’s Intelligent System Design strategy aids users to transform design concepts into reality by offering computational software, hardware and IP.
Under its IP segment, Cadence offers Tensilica digital signal processors, vertically targeted subsystems for AI, audio/voice, baseband and vision/imaging applications, controllers and physical interfaces for standard protocols and analog IP.
Accelerated design activity, owing to transformative generational trends, such as generative AI, hyperscale computing, 5G and autonomous driving, is expected to boost the top line. Momentum in 3D-IC and chiplet design bodes well. Expansion of its well-established partnerships with strategic partners like NVIDIA, Arm and Intel is an advantage.
Higher costs, stiff competition and soft global macroeconomic conditions remain concerns for this Zacks Rank #4 (Sell) stock.
Acquisitions have affected its balance sheet, as a high level of goodwill and intangible assets add to the risk of investing in the company. CDNS’ goodwill and intangible assets totaled approximately $1.91 billion or 33.4% of total assets as of Mar 31, 2024.
Stocks to Consider
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